PPP Loan information for Mold-tech incorporated

$1,051,000

Mold-tech incorporated was initially approved for PPP Loan of amount $1,051,000, the current approved amount is $1,051,000. The loan was approved on 02/27/2021 by The MidWestOne Bank reported 60 jobs and $1,051,000 was used to fund payroll.

Mold-tech incorporated is Existing or more than 2 years old

MOLD-TECH INCORPORATED

Date Approved

02/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MOLD-TECH INCORPORATED

Borrower Address

5166 Barthel Industrial Dr NE

Borrower City

Albertville

Borrower State

MN

Borrower Zip

55301-9802

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1051000.00

Current Approval Amount

1051000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Albertville

Project County Name

WRIGHT

Project State

MN

Project Zip

55301-9802

CD

MN-06

Jobs Reported

60

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1050998.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1057101.64

Forgiveness Date

09/28/2021

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