PPP Loan information for Mccuen welding and machining

$25,490

Mccuen welding and machining was initially approved for PPP Loan of amount $25,940, the current approved amount is $25,490. The loan was approved on 05/01/2021 by The First State Bank Southwest reported 3 jobs and $25,490 was used to fund payroll.

Mccuen welding and machining is Existing or more than 2 years old

MCCUEN WELDING AND MACHINING

Date Approved

05/01/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MCCUEN WELDING AND MACHINING

Borrower Address

25501 Ulrich Ave

Borrower City

Worthington

Borrower State

MN

Borrower Zip

56187-7335

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25940.00

Current Approval Amount

25490.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38811

Servicing Lender Name

First State Bank Southwest

Servicing Lender Address

202 8th Ave SE

Servicing Lender City

PIPESTONE

Servicing Lender State

MN

Servicing Lender Zip

56164-2140

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Worthington

Project County Name

NOBLES

Project State

MN

Project Zip

56187-7335

CD

MN-01

Jobs Reported

3

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

25488.00

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

38811

Originating Lender

First State Bank Southwest

Originating Lender City

PIPESTONE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25563.64

Forgiveness Date

08/20/2021

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