PPP Loan information for Minnesota valve and fitting co

$654,286

Minnesota valve and fitting co was initially approved for PPP Loan of amount $654,286, the current approved amount is $654,286. The loan was approved on 04/07/2020 by The Fidelity Bank reported 37 jobs and $654,286 was used to fund payroll.

Minnesota valve and fitting co is Existing or more than 2 years old

MINNESOTA VALVE AND FITTING CO

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA VALVE AND FITTING CO

Borrower Address

321 LAKE HAZELTINE DR

Borrower City

CHASKA

Borrower State

MN

Borrower Zip

55318-1033

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

654286.00

Current Approval Amount

654286.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38024

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

7600 Parklawn Ave

Servicing Lender City

EDINA

Servicing Lender State

MN

Servicing Lender Zip

55435-5125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHASKA

Project County Name

CARVER

Project State

MN

Project Zip

55318-1033

CD

MN-06

Jobs Reported

37

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

614786.00

Mortgage Interest Proceed

0.00

Rent Proceed

34500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38024

Originating Lender

Fidelity Bank

Originating Lender City

EDINA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

642117.12

Forgiveness Date

11/10/2020

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