PPP Loan information for Interstate molding and manufacturing, inc.

$287,807

Interstate molding and manufacturing, inc. was initially approved for PPP Loan of amount $287,807, the current approved amount is $287,807. The loan was approved on 04/08/2020 by The Security Bank Minnesota reported 39 jobs and $287,807 was used to fund payroll.

Interstate molding and manufacturing, inc. is Existing or more than 2 years old

INTERSTATE MOLDING AND MANUFACTURING, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

INTERSTATE MOLDING AND MANUFACTURING, INC.

Borrower Address

2220 MYERS RD

Borrower City

ALBERT LEA

Borrower State

MN

Borrower Zip

56007-3369

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287807.00

Current Approval Amount

287807.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36585

Servicing Lender Name

Security Bank Minnesota

Servicing Lender Address

437 Bridge Ave

Servicing Lender City

Albert Lea

Servicing Lender State

MN

Servicing Lender Zip

56007-2954

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBERT LEA

Project County Name

FREEBORN

Project State

MN

Project Zip

56007-3369

CD

MN-01

Jobs Reported

39

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

287807.00

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

Corporation

Originating Lender Location Id

36585

Originating Lender

Security Bank Minnesota

Originating Lender City

Albert Lea

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

289885.61

Forgiveness Date

12/31/2020

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