PPP Loan information for Stepp manufacturing inc

$464,200

Stepp manufacturing inc was initially approved for PPP Loan of amount $464,200, the current approved amount is $464,200. The loan was approved on 04/12/2020 by The MidWestOne Bank reported 47 jobs and $464,200 was used to fund payroll.

Stepp manufacturing inc is Existing or more than 2 years old

STEPP MANUFACTURING INC

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STEPP MANUFACTURING INC

Borrower Address

12325 River Road

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056-6225

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

464200.00

Current Approval Amount

464200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-6225

CD

MN-08

Jobs Reported

47

NAICS Code

333120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29012.50

Payroll Proceed

348150.00

Mortgage Interest Proceed

0.00

Rent Proceed

29012.50

Refinance EIDL Proceed

29012.50

Health Care Proceed

29012.50

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

467784.66

Forgiveness Date

01/26/2021

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