PPP Loan information for Minnesota metals, inc.

$148,000

Minnesota metals, inc. was initially approved for PPP Loan of amount $148,000, the current approved amount is $148,000. The loan was approved on 04/15/2020 by The Minnwest Bank reported 13 jobs and $148,000 was used to fund payroll.

Minnesota metals, inc. is Existing or more than 2 years old

MINNESOTA METALS, INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA METALS, INC.

Borrower Address

14097 STATE HIGHWAY 16

Borrower City

SPRING VALLEY

Borrower State

MN

Borrower Zip

55975-4731

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148000.00

Current Approval Amount

148000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING VALLEY

Project County Name

FILLMORE

Project State

MN

Project Zip

55975-4731

CD

MN-01

Jobs Reported

13

NAICS Code

332991

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

148000.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

149321.86

Forgiveness Date

03/15/2021

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