PPP Loan information for Aerospace fabrication & materials llc

$680,100

Aerospace fabrication & materials llc was initially approved for PPP Loan of amount $680,100, the current approved amount is $680,100. The loan was approved on 02/13/2021 by The Minnwest Bank reported 56 jobs and $680,100 was used to fund payroll.

Aerospace fabrication & materials llc is Existing or more than 2 years old

AEROSPACE FABRICATION & MATERIALS LLC

Date Approved

02/13/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

AEROSPACE FABRICATION & MATERIALS LLC

Borrower Address

5147 208th St W

Borrower City

Farmington

Borrower State

MN

Borrower Zip

55024-7935

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

680100.00

Current Approval Amount

680100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

DAKOTA

Project State

MN

Project Zip

55024-7935

CD

MN-02

Jobs Reported

56

NAICS Code

336411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

680098.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

684067.25

Forgiveness Date

09/15/2021

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