PPP Loan information for Ak material handling systems, inc.

$442,300

Ak material handling systems, inc. was initially approved for PPP Loan of amount $341,000, the current approved amount is $442,300. The loan was approved on 04/04/2020 by The 21st Century Bank reported 27 jobs and $442,300 was used to fund payroll.

Ak material handling systems, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MAPLE GROVE / Ak material handling systems, inc.

AK MATERIAL HANDLING SYSTEMS, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

AK MATERIAL HANDLING SYSTEMS, INC.

Borrower Address

8630 MONTICELLO LN N

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369-4547

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

341000.00

Current Approval Amount

442300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36718

Servicing Lender Name

21st Century Bank

Servicing Lender Address

699 N Medina St

Servicing Lender City

LORETTO

Servicing Lender State

MN

Servicing Lender Zip

55357-9595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MAPLE GROVE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55369-4547

CD

MN-03

Jobs Reported

27

NAICS Code

423390

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

442300.00

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

Corporation

Originating Lender Location Id

36718

Originating Lender

21st Century Bank

Originating Lender City

LORETTO

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

448529.06

Forgiveness Date

09/07/2021

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