PPP Loan information for Metal-matic inc.

$7,948,610

Metal-matic inc. was initially approved for PPP Loan of amount $7,948,610, the current approved amount is $7,948,610. The loan was approved on 04/14/2020 by The The Huntington National Bank reported 500 jobs and $7,948,610 was used to fund payroll.

Metal-matic inc. is Existing or more than 2 years old

METAL-MATIC INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

METAL-MATIC INC.

Borrower Address

629 2ND ST SE

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55414

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

7948610.00

Current Approval Amount

7948610.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55414-0019

CD

MN-05

Jobs Reported

500

NAICS Code

331210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

7948610.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8047042.10

Forgiveness Date

07/26/2021

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