PPP Loan information for Technipac, inc.

$321,270

Technipac, inc. was initially approved for PPP Loan of amount $321,270, the current approved amount is $321,270. The loan was approved on 04/09/2020 by The CornerStone State Bank reported 39 jobs and $321,270 was used to fund payroll.

Technipac, inc. is Existing or more than 2 years old

TECHNIPAC, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TECHNIPAC, INC.

Borrower Address

31515 Cambria Ave.

Borrower City

Le Sueur

Borrower State

MN

Borrower Zip

56058-4509

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

321270.00

Current Approval Amount

321270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38310

Servicing Lender Name

CornerStone State Bank

Servicing Lender Address

401 Fourth St NW

Servicing Lender City

MONTGOMERY

Servicing Lender State

MN

Servicing Lender Zip

56069-1001

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Le Sueur

Project County Name

LE SUEUR

Project State

MN

Project Zip

56058-4509

CD

MN-02

Jobs Reported

39

NAICS Code

326111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32127.00

Payroll Proceed

257016.00

Mortgage Interest Proceed

32127.00

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

38310

Originating Lender

CornerStone State Bank

Originating Lender City

MONTGOMERY

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

323734.54

Forgiveness Date

01/25/2021

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