PPP Loan information for Minpack, inc.

$302,074

Minpack, inc. was initially approved for PPP Loan of amount $346,550, the current approved amount is $302,074. The loan was approved on 04/05/2020 by The Stearns Bank National Association reported 43 jobs and $302,074 was used to fund payroll.

Minpack, inc. is Existing or more than 2 years old

PPP Loan Search / MN / PINE CITY / Minpack, inc.

MINPACK, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINPACK, INC.

Borrower Address

400 2nd Street SE

Borrower City

PINE CITY

Borrower State

MN

Borrower Zip

55063-1208

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

346550.00

Current Approval Amount

302074.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PINE CITY

Project County Name

PINE

Project State

MN

Project Zip

55063-1208

CD

MN-08

Jobs Reported

43

NAICS Code

323111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12796.00

Payroll Proceed

269412.00

Mortgage Interest Proceed

11300.00

Rent Proceed

8566.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

303952.65

Forgiveness Date

11/27/2020

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