PPP Loan information for Industrial tool solutions llc

$99,000

Industrial tool solutions llc was initially approved for PPP Loan of amount $99,000, the current approved amount is $99,000. The loan was approved on 04/09/2020 by The Minnwest Bank reported 6 jobs and $99,000 was used to fund payroll.

Industrial tool solutions llc is Existing or more than 2 years old

INDUSTRIAL TOOL SOLUTIONS LLC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INDUSTRIAL TOOL SOLUTIONS LLC

Borrower Address

19602 HIBBING WAY

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-2217

Loan Status Date

03/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99000.00

Current Approval Amount

99000.00

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

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-2217

CD

MN-02

Jobs Reported

6

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99000.00

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

Limited Liability Company(LLC)

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

93511.50

Forgiveness Date

10/30/2020

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