PPP Loan information for Excelsior tool company inc

$190,300

Excelsior tool company inc was initially approved for PPP Loan of amount $190,300, the current approved amount is $190,300. The loan was approved on 04/08/2020 by The First Minnetonka City Bank reported 9 jobs and $190,300 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

04/08/2020

SBA Office Code

0508

Processing Method

PPP

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

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

190300.00

Current Approval Amount

190300.00

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

9

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

156271.00

Mortgage Interest Proceed

0.00

Rent Proceed

9924.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24105.00

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

Veteran

Non Profit

Forgiveness Amount

191452.37

Forgiveness Date

11/23/2020

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