PPP Loan information for Mankato computer technology inc.

$101,700

Mankato computer technology inc. was initially approved for PPP Loan of amount $101,700, the current approved amount is $101,700. The loan was approved on 04/03/2020 by The Community Bank Mankato reported 8 jobs and $101,700 was used to fund payroll.

Mankato computer technology inc. is Existing or more than 2 years old

MANKATO COMPUTER TECHNOLOGY INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MANKATO COMPUTER TECHNOLOGY INC.

Borrower Address

424 RIVERFRONT DR

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-7579

Loan Status Date

06/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101700.00

Current Approval Amount

101700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

U

Hubzone Indicator

N

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

56001-7579

CD

MN-01

Jobs Reported

8

NAICS Code

541519

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10170.00

Payroll Proceed

81360.00

Mortgage Interest Proceed

10170.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102801.75

Forgiveness Date

05/06/2021

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