PPP Loan information for Duo - tec tool co.

$318,902

Duo - tec tool co. was initially approved for PPP Loan of amount $318,902, the current approved amount is $318,902. The loan was approved on 01/19/2021 by The Highland Bank reported 16 jobs and $318,902 was used to fund payroll.

Duo - tec tool co. is Existing or more than 2 years old

PPP Loan Search / MN / Maple Grove / Duo - tec tool co.

DUO - TEC TOOL CO.

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

DUO - TEC TOOL CO.

Borrower Address

8550 Revere Ln N

Borrower City

Maple Grove

Borrower State

MN

Borrower Zip

55369-4082

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

318902.00

Current Approval Amount

318902.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38837

Servicing Lender Name

Highland Bank

Servicing Lender Address

113 Central Ave East

Servicing Lender City

St. Michael

Servicing Lender State

MN

Servicing Lender Zip

55376

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

55369-4082

CD

MN-03

Jobs Reported

16

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

318901.00

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

38837

Originating Lender

Highland Bank

Originating Lender City

St. Michael

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

321016.36

Forgiveness Date

09/22/2021

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