PPP Loan information for Island tool & die inc

$186,047

Island tool & die inc was initially approved for PPP Loan of amount $186,047, the current approved amount is $186,047. The loan was approved on 04/14/2020 by The Frandsen Bank & Trust reported 14 jobs and $186,047 was used to fund payroll.

Island tool & die inc is Unanswered

ISLAND TOOL & DIE INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ISLAND TOOL & DIE INC

Borrower Address

292 3RD ST NE

Borrower City

PINE ISLAND

Borrower State

MN

Borrower Zip

55963-7631

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

186047.00

Current Approval Amount

186047.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

PINE ISLAND

Project County Name

GOODHUE

Project State

MN

Project Zip

55963-7631

CD

MN-01

Jobs Reported

14

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

186047.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

187039.25

Forgiveness Date

11/03/2020

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