PPP Loan information for Mtl manufacturing & equipment inc

$56,800

Mtl manufacturing & equipment inc was initially approved for PPP Loan of amount $56,800, the current approved amount is $56,800. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 12 jobs and $56,800 was used to fund payroll.

Mtl manufacturing & equipment inc is Existing or more than 2 years old

MTL MANUFACTURING & EQUIPMENT INC

Date Approved

04/28/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

MTL MANUFACTURING & EQUIPMENT INC

Borrower Address

W 628 Amidon Rd

Borrower City

Brooklyn

Borrower State

WI

Borrower Zip

53521

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56800.00

Current Approval Amount

56800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

GREEN

Project State

WI

Project Zip

53521-0001

CD

WI-02

Jobs Reported

12

NAICS Code

332322

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56800.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

57325.40

Forgiveness Date

04/05/2021

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