PPP Loan information for Medical innovations international inc.

$40,000

Medical innovations international inc. was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 04/05/2020 by The Minnwest Bank reported 5 jobs and $40,000 was used to fund payroll.

Medical innovations international inc. is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Medical innovations international inc.

MEDICAL INNOVATIONS INTERNATIONAL INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MEDICAL INNOVATIONS INTERNATIONAL INC.

Borrower Address

6256 34TH AVE

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-3918

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-3918

CD

MN-01

Jobs Reported

5

NAICS Code

423450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35217.67

Forgiveness Date

11/30/2020

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