PPP Loan information for Hutchinson manufacturing holdings llc

$2,000,000

Hutchinson manufacturing holdings llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/07/2021 by The Bridgewater Bank reported 277 jobs and $2,000,000 was used to fund payroll.

Hutchinson manufacturing holdings llc is Existing or more than 2 years old

HUTCHINSON MANUFACTURING HOLDINGS LLC

Date Approved

02/07/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

HUTCHINSON MANUFACTURING HOLDINGS LLC

Borrower Address

720 Highway 7 W

Borrower City

Hutchinson

Borrower State

MN

Borrower Zip

55350-1581

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436783

Servicing Lender Name

Bridgewater Bank

Servicing Lender Address

4450 Excelsior Blvd

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-5385

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hutchinson

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-1581

CD

MN-07

Jobs Reported

277

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

436783

Originating Lender

Bridgewater Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2024054.79

Forgiveness Date

04/28/2022

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