PPP Loan information for Midwest precision tooling and manufacturing

$58,200

Midwest precision tooling and manufacturing was initially approved for PPP Loan of amount $58,200, the current approved amount is $58,200. The loan was approved on 01/19/2021 by The BankVista reported 5 jobs and $58,200 was used to fund payroll.

Midwest precision tooling and manufacturing is Existing or more than 2 years old

PPP Loan Search / MN / New Ulm / Midwest precision tooling and manufacturing

MIDWEST PRECISION TOOLING AND MANUFACTURING

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MIDWEST PRECISION TOOLING AND MANUFACTURING

Borrower Address

717 N Washington St

Borrower City

New Ulm

Borrower State

MN

Borrower Zip

56073-1312

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58200.00

Current Approval Amount

58200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124444

Servicing Lender Name

BankVista

Servicing Lender Address

125 Twin Rivers Ct

Servicing Lender City

SARTELL

Servicing Lender State

MN

Servicing Lender Zip

56377-2144

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Ulm

Project County Name

BROWN

Project State

MN

Project Zip

56073-1312

CD

MN-01

Jobs Reported

5

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

58196.00

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

Corporation

Originating Lender Location Id

124444

Originating Lender

BankVista

Originating Lender City

SARTELL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58498.18

Forgiveness Date

08/03/2021

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