PPP Loan information for Minnesota robotics, inc.

$127,300

Minnesota robotics, inc. was initially approved for PPP Loan of amount $127,300, the current approved amount is $127,300. The loan was approved on 04/28/2020 by The Farmers & Merchants Savings Bank reported 7 jobs and $127,300 was used to fund payroll.

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

MINNESOTA ROBOTICS, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA ROBOTICS, INC.

Borrower Address

7781 LAKE DRIVE

Borrower City

CIRCLE PINES

Borrower State

MN

Borrower Zip

55014-1106

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

127300.00

Current Approval Amount

127300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CIRCLE PINES

Project County Name

ANOKA

Project State

MN

Project Zip

55014-1106

CD

MN-06

Jobs Reported

7

NAICS Code

333517

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

127300.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

127936.50

Forgiveness Date

11/03/2020

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