PPP Loan information for Minnesota grinding, inc

$459,300

Minnesota grinding, inc was initially approved for PPP Loan of amount $459,300, the current approved amount is $459,300. The loan was approved on 04/27/2020 by The Bremer Bank, National Association reported 35 jobs and $459,300 was used to fund payroll.

Minnesota grinding, inc is Existing or more than 2 years old

PPP Loan Search / MN / CRYSTAL / Minnesota grinding, inc

MINNESOTA GRINDING, INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA GRINDING, INC

Borrower Address

5400 Douglas Drive N

Borrower City

CRYSTAL

Borrower State

MN

Borrower Zip

55429

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

459300.00

Current Approval Amount

459300.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL

Project County Name

HENNEPIN

Project State

MN

Project Zip

55429-0001

CD

MN-03

Jobs Reported

35

NAICS Code

332721

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

459300.00

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

463087.65

Forgiveness Date

02/24/2021

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