PPP Loan information for Microtech computer center inc

$25,000

Microtech computer center inc was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/07/2020 by The Northwoods Bank of Minnesota reported 2 jobs and $25,000 was used to fund payroll.

Microtech computer center inc is Existing or more than 2 years old

MICROTECH COMPUTER CENTER INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MICROTECH COMPUTER CENTER INC

Borrower Address

1011 1ST ST

Borrower City

PARK RAPIDS

Borrower State

MN

Borrower Zip

56470-1751

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36785

Servicing Lender Name

Northwoods Bank of Minnesota

Servicing Lender Address

1200 E First St

Servicing Lender City

PARK RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

56470-1878

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RAPIDS

Project County Name

HUBBARD

Project State

MN

Project Zip

56470-1751

CD

MN-07

Jobs Reported

2

NAICS Code

811212

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25000.00

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

36785

Originating Lender

Northwoods Bank of Minnesota

Originating Lender City

PARK RAPIDS

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

23116.92

Forgiveness Date

10/15/2020

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