PPP Loan information for Notch manufacturing inc

$209,600

Notch manufacturing inc was initially approved for PPP Loan of amount $209,600, the current approved amount is $209,600. The loan was approved on 04/10/2020 by The Magnifi Financial CU reported 22 jobs and $209,600 was used to fund payroll.

Notch manufacturing inc is Existing or more than 2 years old

PPP Loan Search / MN / PAYNESVILLE / Notch manufacturing inc

NOTCH MANUFACTURING INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NOTCH MANUFACTURING INC

Borrower Address

23664 STATE HIGHWAY 4

Borrower City

PAYNESVILLE

Borrower State

MN

Borrower Zip

56362-9362

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

209600.00

Current Approval Amount

209600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAYNESVILLE

Project County Name

STEARNS

Project State

MN

Project Zip

56362-9362

CD

MN-07

Jobs Reported

22

NAICS Code

333111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9600.00

Payroll Proceed

180000.00

Mortgage Interest Proceed

0.00

Rent Proceed

20000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

210777.21

Forgiveness Date

11/05/2020

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