PPP Loan information for Continental machines inc.

$562,765

Continental machines inc. was initially approved for PPP Loan of amount $562,765, the current approved amount is $562,765. The loan was approved on 03/17/2021 by The Lake Forest Bank & Trust Company, National Association reported 47 jobs and $562,765 was used to fund payroll.

Continental machines inc. is Existing or more than 2 years old

PPP Loan Search / MN / Savage / Continental machines inc.

CONTINENTAL MACHINES INC.

Date Approved

03/17/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

CONTINENTAL MACHINES INC.

Borrower Address

5505 W 123rd St

Borrower City

Savage

Borrower State

MN

Borrower Zip

55378-1202

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

562765.00

Current Approval Amount

562765.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117732

Servicing Lender Name

Lake Forest Bank & Trust Company, National Association

Servicing Lender Address

727 N Bank Ln

Servicing Lender City

LAKE FOREST

Servicing Lender State

IL

Servicing Lender Zip

60045-1887

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Savage

Project County Name

SCOTT

Project State

MN

Project Zip

55378-1202

CD

MN-02

Jobs Reported

47

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

562765.00

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

117732

Originating Lender

Lake Forest Bank & Trust Company, National Association

Originating Lender City

LAKE FOREST

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

569096.11

Forgiveness Date

05/03/2022

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