PPP Loan information for Busch bros machining inc

$332,700

Busch bros machining inc was initially approved for PPP Loan of amount $332,700, the current approved amount is $332,700. The loan was approved on 04/09/2020 by The Minnwest Bank reported 32 jobs and $332,700 was used to fund payroll.

Busch bros machining inc is Existing or more than 2 years old

PPP Loan Search / MN / NEW PRAGUE / Busch bros machining inc

BUSCH BROS MACHINING INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

BUSCH BROS MACHINING INC

Borrower Address

600 6th Street NW

Borrower City

NEW PRAGUE

Borrower State

MN

Borrower Zip

56071-1140

Loan Status Date

03/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

332700.00

Current Approval Amount

332700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW PRAGUE

Project County Name

SCOTT

Project State

MN

Project Zip

56071-1140

CD

MN-02

Jobs Reported

32

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

249500.00

Mortgage Interest Proceed

0.00

Rent Proceed

82200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334775.89

Forgiveness Date

02/16/2021

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