PPP Loan information for Minnesota machinery

$30,880

Minnesota machinery was initially approved for PPP Loan of amount $30,880, the current approved amount is $30,880. The loan was approved on 04/06/2020 by The Midwest Bank reported 4 jobs and $30,880 was used to fund payroll.

Minnesota machinery is New Business or 2 years or less

PPP Loan Search / MN / PELICAN RAPIDS / Minnesota machinery

MINNESOTA MACHINERY

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA MACHINERY

Borrower Address

41277 110TH AVE

Borrower City

PELICAN RAPIDS

Borrower State

MN

Borrower Zip

56572-7232

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30880.00

Current Approval Amount

30880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

PELICAN RAPIDS

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56572-7232

CD

MN-07

Jobs Reported

4

NAICS Code

238190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30880.00

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

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31105.04

Forgiveness Date

01/07/2021

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