PPP Loan information for Machine design inc

$107,035

Machine design inc was initially approved for PPP Loan of amount $107,035, the current approved amount is $107,035. The loan was approved on 02/17/2021 by The Bremer Bank, National Association reported 10 jobs and $107,035 was used to fund payroll.

Machine design inc is Existing or more than 2 years old

MACHINE DESIGN INC

Date Approved

02/17/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

MACHINE DESIGN INC

Borrower Address

17805 Highway 13

Borrower City

Wahpeton

Borrower State

ND

Borrower Zip

58075-9337

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107035.00

Current Approval Amount

107035.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wahpeton

Project County Name

RICHLAND

Project State

ND

Project Zip

58075-9337

CD

ND-

Jobs Reported

10

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

107033.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107498.33

Forgiveness Date

07/28/2021

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