PPP Loan information for Metal craf machine & engineering, inc.

$2,206,900

Metal craf machine & engineering, inc. was initially approved for PPP Loan of amount $2,206,900, the current approved amount is $2,206,900. The loan was approved on 04/28/2020 by The Alerus Financial, National Association reported 145 jobs and $2,206,900 was used to fund payroll.

Metal craf machine & engineering, inc. is Existing or more than 2 years old

PPP Loan Search / MN / ELK RIVER / Metal craf machine & engineering, inc.

METAL CRAF MACHINE & ENGINEERING, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

METAL CRAF MACHINE & ENGINEERING, INC.

Borrower Address

13760 BUSINESS CENTER DR NW

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-4811

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2206900.00

Current Approval Amount

2206900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-4811

CD

MN-06

Jobs Reported

145

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

551725.00

Payroll Proceed

1655175.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2236509.24

Forgiveness Date

09/07/2021

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