PPP Loan information for Machtemes construction inc.

$158,800

Machtemes construction inc. was initially approved for PPP Loan of amount $158,800, the current approved amount is $158,800. The loan was approved on 04/06/2020 by The First Minnetonka City Bank reported 7 jobs and $158,800 was used to fund payroll.

Machtemes construction inc. is Existing or more than 2 years old

PPP Loan Search / MN / WACONIA / Machtemes construction inc.

MACHTEMES CONSTRUCTION INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MACHTEMES CONSTRUCTION INC.

Borrower Address

PO BOX

Borrower City

WACONIA

Borrower State

MN

Borrower Zip

55387-0275

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158800.00

Current Approval Amount

158800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

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

55387-0275

CD

MN-06

Jobs Reported

7

NAICS Code

237990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

127040.00

Mortgage Interest Proceed

0.00

Rent Proceed

9580.00

Refinance EIDL Proceed

0.00

Health Care Proceed

22180.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159893.96

Forgiveness Date

12/15/2020

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