PPP Loan information for Mnstar technologies, inc.

$487,100

Mnstar technologies, inc. was initially approved for PPP Loan of amount $487,100, the current approved amount is $487,100. The loan was approved on 04/09/2020 by The Woodland Bank reported 48 jobs and $487,100 was used to fund payroll.

Mnstar technologies, inc. is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Mnstar technologies, inc.

MNSTAR TECHNOLOGIES, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MNSTAR TECHNOLOGIES, INC.

Borrower Address

4201 EAST US HIGHWAY 169

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-4414

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

487100.00

Current Approval Amount

487100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38785

Servicing Lender Name

Woodland Bank

Servicing Lender Address

217 Main Ave East

Servicing Lender City

DEER RIVER

Servicing Lender State

MN

Servicing Lender Zip

56636-8737

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-4414

CD

MN-08

Jobs Reported

48

NAICS Code

335931

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

40000.00

Payroll Proceed

400000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

27100

Business Type

Corporation

Originating Lender Location Id

38785

Originating Lender

Woodland Bank

Originating Lender City

DEER RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

479750.56

Forgiveness Date

11/03/2020

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