PPP Loan information for Mo-tech corporation

$595,855

Mo-tech corporation was initially approved for PPP Loan of amount $595,855, the current approved amount is $595,855. The loan was approved on 04/27/2020 by The Lake Elmo Bank reported 34 jobs and $595,855 was used to fund payroll.

Mo-tech corporation is Existing or more than 2 years old

PPP Loan Search / MN / Oakdale / Mo-tech corporation

MO-TECH CORPORATION

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MO-TECH CORPORATION

Borrower Address

2920 GRANADA AVE

Borrower City

Oakdale

Borrower State

MN

Borrower Zip

55128-3534

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

595855.00

Current Approval Amount

595855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38298

Servicing Lender Name

Lake Elmo Bank

Servicing Lender Address

11465 39th St N

Servicing Lender City

LAKE ELMO

Servicing Lender State

MN

Servicing Lender Zip

55042-7525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oakdale

Project County Name

WASHINGTON

Project State

MN

Project Zip

55128-3534

CD

MN-04

Jobs Reported

34

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20667.00

Payroll Proceed

479432.00

Mortgage Interest Proceed

0.00

Rent Proceed

31226.00

Refinance EIDL Proceed

0.00

Health Care Proceed

64530.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38298

Originating Lender

Lake Elmo Bank

Originating Lender City

LAKE ELMO

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

600099.45

Forgiveness Date

01/20/2021

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