PPP Loan information for Pequot tool & mfg., inc.

$2,282,200

Pequot tool & mfg., inc. was initially approved for PPP Loan of amount $2,282,200, the current approved amount is $2,282,200. The loan was approved on 04/06/2020 by The RiverWood Bank reported 180 jobs and $2,282,200 was used to fund payroll.

Pequot tool & mfg., inc. is Existing or more than 2 years old

PPP Loan Search / MN / PEQUOT LAKES / Pequot tool & mfg., inc.

PEQUOT TOOL & MFG., INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PEQUOT TOOL & MFG., INC.

Borrower Address

3457 VETERANS ST PO BOX 580

Borrower City

PEQUOT LAKES

Borrower State

MN

Borrower Zip

56472-2606

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2282200.00

Current Approval Amount

2282200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78088

Servicing Lender Name

RiverWood Bank

Servicing Lender Address

14540 Dellwood Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-9744

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEQUOT LAKES

Project County Name

CROW WING

Project State

MN

Project Zip

56472-2606

CD

MN-08

Jobs Reported

180

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2282200.00

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

78088

Originating Lender

RiverWood Bank

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2308825.67

Forgiveness Date

06/11/2021

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