PPP Loan information for Mechatronic solutions inc.

$515,600

Mechatronic solutions inc. was initially approved for PPP Loan of amount $515,600, the current approved amount is $515,600. The loan was approved on 04/07/2020 by The Bremer Bank, National Association reported 37 jobs and $515,600 was used to fund payroll.

Mechatronic solutions inc. is Existing or more than 2 years old

PPP Loan Search / MN / MAPLE GROVE / Mechatronic solutions inc.

MECHATRONIC SOLUTIONS INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MECHATRONIC SOLUTIONS INC.

Borrower Address

10900 73rd Ave N Ste 132

Borrower City

MAPLE GROVE

Borrower State

MN

Borrower Zip

55369-2680

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515600.00

Current Approval Amount

515600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

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

55369-2680

CD

MN-03

Jobs Reported

37

NAICS Code

541614

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

515600.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

519654.17

Forgiveness Date

01/20/2021

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