PPP Loan information for Cast corporation

$494,600

Cast corporation was initially approved for PPP Loan of amount $489,800, the current approved amount is $494,600. The loan was approved on 04/07/2020 by The Park State Bank reported 46 jobs and $494,600 was used to fund payroll.

Cast corporation is Existing or more than 2 years old

CAST CORPORATION

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CAST CORPORATION

Borrower Address

11364 HIGHWAY 37

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-8229

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

489800.00

Current Approval Amount

494600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-8229

CD

MN-08

Jobs Reported

46

NAICS Code

331513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

58920.00

Payroll Proceed

395680.00

Mortgage Interest Proceed

40000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

497361.52

Forgiveness Date

11/05/2020

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