PPP Loan information for Mankato bearing company

$64,900

Mankato bearing company was initially approved for PPP Loan of amount $64,900, the current approved amount is $64,900. The loan was approved on 04/07/2020 by The Janesville State Bank reported 4 jobs and $64,900 was used to fund payroll.

Mankato bearing company is Existing or more than 2 years old

MANKATO BEARING COMPANY

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MANKATO BEARING COMPANY

Borrower Address

1804 N. RIVERFRONT DR

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-3126

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64900.00

Current Approval Amount

64900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38264

Servicing Lender Name

Janesville State Bank

Servicing Lender Address

201 N Main St

Servicing Lender City

JANESVILLE

Servicing Lender State

MN

Servicing Lender Zip

56048

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-3126

CD

MN-01

Jobs Reported

4

NAICS Code

423920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64900.00

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

38264

Originating Lender

Janesville State Bank

Originating Lender City

JANESVILLE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65385.42

Forgiveness Date

01/14/2021

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