PPP Loan information for Minco products, inc

$8,457,480

Minco products, inc was initially approved for PPP Loan of amount $8,457,480, the current approved amount is $8,457,480. The loan was approved on 06/26/2020 by The Bremer Bank, National Association reported 500 jobs and $8,457,480 was used to fund payroll.

Minco products, inc is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Minco products, inc

MINCO PRODUCTS, INC

Date Approved

06/26/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINCO PRODUCTS, INC

Borrower Address

7300 Commerce Lane NE

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55432-3113

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8457480.00

Current Approval Amount

8457480.00

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

MINNEAPOLIS

Project County Name

ANOKA

Project State

MN

Project Zip

55432-3113

CD

MN-05

Jobs Reported

500

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

8457480.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8538347.41

Forgiveness Date

06/11/2021

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