PPP Loan information for Pro tech tool inc

$58,464

Pro tech tool inc was initially approved for PPP Loan of amount $58,464, the current approved amount is $58,464. The loan was approved on 04/08/2020 by The United Minnesota Bank reported 5 jobs and $58,464 was used to fund payroll.

Pro tech tool inc is Existing or more than 2 years old

PRO TECH TOOL INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRO TECH TOOL INC

Borrower Address

19 N PRECISION DR

Borrower City

LITCHFIELD

Borrower State

MN

Borrower Zip

55355-2610

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58464.00

Current Approval Amount

58464.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38672

Servicing Lender Name

United Minnesota Bank

Servicing Lender Address

105 Central Ave, East

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273-8664

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITCHFIELD

Project County Name

MEEKER

Project State

MN

Project Zip

55355-2610

CD

MN-07

Jobs Reported

5

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2996.00

Payroll Proceed

50468.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38672

Originating Lender

United Minnesota Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

58947.95

Forgiveness Date

02/09/2021

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