PPP Loan information for Chaska machine & tool inc.

$378,320

Chaska machine & tool inc. was initially approved for PPP Loan of amount $378,320, the current approved amount is $378,320. The loan was approved on 02/26/2021 by The MidCountry Bank reported 33 jobs and $378,320 was used to fund payroll.

Chaska machine & tool inc. is Existing or more than 2 years old

PPP Loan Search / MN / Waconia / Chaska machine & tool inc.

CHASKA MACHINE & TOOL INC.

Date Approved

02/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

CHASKA MACHINE & TOOL INC.

Borrower Address

821 Industrial Blvd

Borrower City

Waconia

Borrower State

MN

Borrower Zip

55387-1045

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

378320.00

Current Approval Amount

378320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waconia

Project County Name

CARVER

Project State

MN

Project Zip

55387-1045

CD

MN-06

Jobs Reported

33

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

378317.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

380434.45

Forgiveness Date

09/24/2021

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