PPP Loan information for Prior lake machine inc

$235,000

Prior lake machine inc was initially approved for PPP Loan of amount $235,000, the current approved amount is $235,000. The loan was approved on 04/10/2020 by The Old National Bank reported 20 jobs and $235,000 was used to fund payroll.

Prior lake machine inc is Existing or more than 2 years old

PPP Loan Search / MN / PRIOR LAKE / Prior lake machine inc

PRIOR LAKE MACHINE INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PRIOR LAKE MACHINE INC

Borrower Address

16801 INDUSTRIAL CIRCLE SE

Borrower City

PRIOR LAKE

Borrower State

MN

Borrower Zip

55372-3307

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

235000.00

Current Approval Amount

235000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PRIOR LAKE

Project County Name

SCOTT

Project State

MN

Project Zip

55372-3307

CD

MN-02

Jobs Reported

20

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

235000.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

236294.11

Forgiveness Date

11/05/2020

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