PPP Loan information for Hutchinson manufacturing holdings, llc

$4,586,000

Hutchinson manufacturing holdings, llc was initially approved for PPP Loan of amount $4,586,000, the current approved amount is $4,586,000. The loan was approved on 04/07/2020 by The Bridgewater Bank reported 260 jobs and $4,586,000 was used to fund payroll.

Hutchinson manufacturing holdings, llc is Existing or more than 2 years old

HUTCHINSON MANUFACTURING HOLDINGS, LLC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HUTCHINSON MANUFACTURING HOLDINGS, LLC

Borrower Address

720 HIGHWAY 7 W

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-1581

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4586000.00

Current Approval Amount

4586000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

436783

Servicing Lender Name

Bridgewater Bank

Servicing Lender Address

4450 Excelsior Blvd

Servicing Lender City

SAINT LOUIS PARK

Servicing Lender State

MN

Servicing Lender Zip

55416-5385

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-1581

CD

MN-07

Jobs Reported

260

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

181292.00

Payroll Proceed

4022974.00

Mortgage Interest Proceed

173112.00

Rent Proceed

208622.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

436783

Originating Lender

Bridgewater Bank

Originating Lender City

SAINT LOUIS PARK

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4638393.48

Forgiveness Date

06/09/2021

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