PPP Loan information for Trinity tool & precision machining

$231,100

Trinity tool & precision machining was initially approved for PPP Loan of amount $231,100, the current approved amount is $231,100. The loan was approved on 04/11/2020 by The Magnifi Financial CU reported 34 jobs and $231,100 was used to fund payroll.

Trinity tool & precision machining is Existing or more than 2 years old

PPP Loan Search / MN / SAUK CENTRE / Trinity tool & precision machining

TRINITY TOOL & PRECISION MACHINING

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

TRINITY TOOL & PRECISION MACHINING

Borrower Address

633 LINCOLN LOOP

Borrower City

SAUK CENTRE

Borrower State

MN

Borrower Zip

56378-2008

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

231100.00

Current Approval Amount

231100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUK CENTRE

Project County Name

STEARNS

Project State

MN

Project Zip

56378-2008

CD

MN-07

Jobs Reported

34

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

26192.00

Payroll Proceed

184908.00

Mortgage Interest Proceed

5000.00

Rent Proceed

15000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

234348.06

Forgiveness Date

09/13/2021

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