PPP Loan information for Southern minnesota tooling, inc

$236,300

Southern minnesota tooling, inc was initially approved for PPP Loan of amount $236,300, the current approved amount is $236,300. The loan was approved on 04/03/2020 by The MinnStar Bank National Association reported 13 jobs and $236,300 was used to fund payroll.

Southern minnesota tooling, inc is Existing or more than 2 years old

PPP Loan Search / MN / NEW ULM / Southern minnesota tooling, inc

SOUTHERN MINNESOTA TOOLING, INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SOUTHERN MINNESOTA TOOLING, INC

Borrower Address

1212 North Front Street

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073-1178

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236300.00

Current Approval Amount

236300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38295

Servicing Lender Name

MinnStar Bank National Association

Servicing Lender Address

202 N Main St

Servicing Lender City

LAKE CRYSTAL

Servicing Lender State

MN

Servicing Lender Zip

56055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-1178

CD

MN-01

Jobs Reported

13

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

236300.00

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

38295

Originating Lender

MinnStar Bank National Association

Originating Lender City

LAKE CRYSTAL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

237652.16

Forgiveness Date

11/03/2020

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