PPP Loan information for Machining concepts

$88,957

Machining concepts was initially approved for PPP Loan of amount $88,957, the current approved amount is $88,957. The loan was approved on 04/30/2020 by The U.S. Bank, National Association reported 8 jobs and $88,957 was used to fund payroll.

Machining concepts is Existing or more than 2 years old

PPP Loan Search / MN / BLAINE / Machining concepts

MACHINING CONCEPTS

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MACHINING CONCEPTS

Borrower Address

9355 BALTIMORE ST NE

Borrower City

BLAINE

Borrower State

MN

Borrower Zip

55449

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

88957.00

Current Approval Amount

88957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLAINE

Project County Name

ANOKA

Project State

MN

Project Zip

55449-0001

CD

MN-06

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

88957.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89970.12

Forgiveness Date

06/17/2021

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