PPP Loan information for Chaska machine & tool, inc.

$533,600

Chaska machine & tool, inc. was initially approved for PPP Loan of amount $369,000, the current approved amount is $533,600. The loan was approved on 04/14/2020 by The MidCountry Bank reported 33 jobs and $533,600 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

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CHASKA MACHINE & TOOL, INC.

Borrower Address

821 INDUSTRIAL BLVD

Borrower City

WACONIA

Borrower State

MN

Borrower Zip

55387-1045

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

369000.00

Current Approval Amount

533600.00

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

0.00

Payroll Proceed

533600.00

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

538614.38

Forgiveness Date

03/31/2021

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