PPP Loan information for Minnesota medtec inc

$348,100

Minnesota medtec inc was initially approved for PPP Loan of amount $348,100, the current approved amount is $348,100. The loan was approved on 01/28/2021 by The CorTrust Bank National Association reported 43 jobs and $348,100 was used to fund payroll.

Minnesota medtec inc is Existing or more than 2 years old

PPP Loan Search / MN / Maple Grove / Minnesota medtec inc

MINNESOTA MEDTEC INC

Date Approved

01/28/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MINNESOTA MEDTEC INC

Borrower Address

11760 Justen Cir Ste B

Borrower City

Maple Grove

Borrower State

MN

Borrower Zip

55369-9256

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

348100.00

Current Approval Amount

348100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

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

55369-9256

CD

MN-03

Jobs Reported

43

NAICS Code

339112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

348098.00

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

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

349730.82

Forgiveness Date

07/27/2021

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