PPP Loan information for Century tool, inc.

$462,000

Century tool, inc. was initially approved for PPP Loan of amount $462,000, the current approved amount is $462,000. The loan was approved on 04/14/2020 by The Northeast Bank reported 36 jobs and $462,000 was used to fund payroll.

Century tool, inc. is Existing or more than 2 years old

CENTURY TOOL, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CENTURY TOOL, INC.

Borrower Address

21495 147TH AVE N

Borrower City

ROGERS

Borrower State

MN

Borrower Zip

55374-9444

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

462000.00

Current Approval Amount

462000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38406

Servicing Lender Name

Northeast Bank

Servicing Lender Address

77 Broadway St NE

Servicing Lender City

MINNEAPOLIS

Servicing Lender State

MN

Servicing Lender Zip

55413-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROGERS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55374-9444

CD

MN-03

Jobs Reported

36

NAICS Code

331110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

462000.00

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

38406

Originating Lender

Northeast Bank

Originating Lender City

MINNEAPOLIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

465961.81

Forgiveness Date

03/02/2021

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