PPP Loan information for Pneumat systems, inc.

$348,500

Pneumat systems, inc. was initially approved for PPP Loan of amount $348,500, the current approved amount is $348,500. The loan was approved on 04/03/2020 by The Community Bank Mankato reported 25 jobs and $348,500 was used to fund payroll.

Pneumat systems, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MANKATO / Pneumat systems, inc.

PNEUMAT SYSTEMS, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PNEUMAT SYSTEMS, INC.

Borrower Address

110 MOHR DR

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-3000

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348500.00

Current Approval Amount

348500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-3000

CD

MN-01

Jobs Reported

25

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

34850.00

Payroll Proceed

278800.00

Mortgage Interest Proceed

34850.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

352982.10

Forgiveness Date

07/19/2021

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