PPP Loan information for Manufacturing engineering resource inc

$107,805

Manufacturing engineering resource inc was initially approved for PPP Loan of amount $107,805, the current approved amount is $107,805. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 10 jobs and $107,805 was used to fund payroll.

Manufacturing engineering resource inc is Existing or more than 2 years old

MANUFACTURING ENGINEERING RESOURCE INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MANUFACTURING ENGINEERING RESOURCE INC

Borrower Address

12590 127TH ST S

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033-8416

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107805.00

Current Approval Amount

107805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-8416

CD

MN-02

Jobs Reported

10

NAICS Code

339999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

107805.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109119.62

Forgiveness Date

06/30/2021

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