PPP Loan information for Maxbotix inc.

$262,400

Maxbotix inc. was initially approved for PPP Loan of amount $262,400, the current approved amount is $262,400. The loan was approved on 04/15/2020 by The Bremer Bank, National Association reported 21 jobs and $262,400 was used to fund payroll.

Maxbotix inc. is Existing or more than 2 years old

MAXBOTIX INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MAXBOTIX INC.

Borrower Address

13860 Shawkia Drive

Borrower City

BRAINERD

Borrower State

MN

Borrower Zip

56401-6504

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262400.00

Current Approval Amount

262400.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINERD

Project County Name

CROW WING

Project State

MN

Project Zip

56401-6504

CD

MN-08

Jobs Reported

21

NAICS Code

335999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

262400.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

263823.43

Forgiveness Date

11/05/2020

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