PPP Loan information for Maltwerks inc

$149,500

Maltwerks inc was initially approved for PPP Loan of amount $149,500, the current approved amount is $149,500. The loan was approved on 04/03/2020 by The Midwest Bank reported 12 jobs and $149,500 was used to fund payroll.

Maltwerks inc is Existing or more than 2 years old

PPP Loan Search / MN / DETROIT LAKES / Maltwerks inc

MALTWERKS INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MALTWERKS INC

Borrower Address

1448 CORMORANT AVE

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-6935

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149500.00

Current Approval Amount

149500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-6935

CD

MN-07

Jobs Reported

12

NAICS Code

311213

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

149500.00

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

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

151310.38

Forgiveness Date

06/30/2021

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