PPP Loan information for Mtd acquisitions inc

$1,235,700

Mtd acquisitions inc was initially approved for PPP Loan of amount $1,252,500, the current approved amount is $1,235,700. The loan was approved on 04/03/2020 by The Park State Bank reported 98 jobs and $1,235,700 was used to fund payroll.

Mtd acquisitions inc is Existing or more than 2 years old

PPP Loan Search / MN / HIBBING / Mtd acquisitions inc

MTD ACQUISITIONS INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MTD ACQUISITIONS INC

Borrower Address

1 SW 7TH AVE

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-1405

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1252500.00

Current Approval Amount

1235700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-1405

CD

MN-08

Jobs Reported

98

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

47140.00

Payroll Proceed

988560.00

Mortgage Interest Proceed

0.00

Rent Proceed

200000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1242667.98

Forgiveness Date

11/03/2020

;