PPP Loan information for Custom machining inc

$246,900

Custom machining inc was initially approved for PPP Loan of amount $246,900, the current approved amount is $246,900. The loan was approved on 07/16/2020 by The First Resource Bank reported 17 jobs and $246,900 was used to fund payroll.

Custom machining inc is Existing or more than 2 years old

CUSTOM MACHINING INC

Date Approved

07/16/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CUSTOM MACHINING INC

Borrower Address

10815 Mankato St

Borrower City

Blaine

Borrower State

MN

Borrower Zip

55449

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

246900.00

Current Approval Amount

246900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blaine

Project County Name

ANOKA

Project State

MN

Project Zip

55449-0001

CD

MN-06

Jobs Reported

17

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

219900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

27000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

248117.59

Forgiveness Date

01/20/2021

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