PPP Loan information for Batten tool & machine, inc.

$107,500

Batten tool & machine, inc. was initially approved for PPP Loan of amount $107,500, the current approved amount is $107,500. The loan was approved on 01/16/2021 by The Lakeview Bank reported 12 jobs and $107,500 was used to fund payroll.

Batten tool & machine, inc. is Existing or more than 2 years old

BATTEN TOOL & MACHINE, INC.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BATTEN TOOL & MACHINE, INC.

Borrower Address

11575 Rupp Dr

Borrower City

Burnsville

Borrower State

MN

Borrower Zip

55337-1248

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107500.00

Current Approval Amount

107500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378576

Servicing Lender Name

Lakeview Bank

Servicing Lender Address

9725 163rd St West

Servicing Lender City

LAKEVILLE

Servicing Lender State

MN

Servicing Lender Zip

55044-4719

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burnsville

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-1248

CD

MN-02

Jobs Reported

12

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

107497.00

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

378576

Originating Lender

Lakeview Bank

Originating Lender City

LAKEVILLE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108288.33

Forgiveness Date

10/20/2021

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