PPP Loan information for Excelsior tool company inc

$167,715

Excelsior tool company inc was initially approved for PPP Loan of amount $167,715, the current approved amount is $167,715. The loan was approved on 01/16/2021 by The First Minnetonka City Bank reported 10 jobs and $167,715 was used to fund payroll.

Excelsior tool company inc is Existing or more than 2 years old

PPP Loan Search / MN / Maple Plain / Excelsior tool company inc

EXCELSIOR TOOL COMPANY INC

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

EXCELSIOR TOOL COMPANY INC

Borrower Address

1474 County Road 90

Borrower City

Maple Plain

Borrower State

MN

Borrower Zip

55359-9525

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

167715.00

Current Approval Amount

167715.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38609

Servicing Lender Name

First Minnetonka City Bank

Servicing Lender Address

14550 Excelsior Blvd

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55345

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Maple Plain

Project County Name

HENNEPIN

Project State

MN

Project Zip

55359-9525

CD

MN-03

Jobs Reported

10

NAICS Code

333511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

167712.00

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

38609

Originating Lender

First Minnetonka City Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

168609.48

Forgiveness Date

08/06/2021

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