PPP Loan information for Mankato iron & metal, inc.

$109,100

Mankato iron & metal, inc. was initially approved for PPP Loan of amount $109,100, the current approved amount is $109,100. The loan was approved on 04/06/2020 by The Community Bank Mankato reported 13 jobs and $109,100 was used to fund payroll.

Mankato iron & metal, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MANKATO / Mankato iron & metal, inc.

MANKATO IRON & METAL, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MANKATO IRON & METAL, INC.

Borrower Address

215 W ELM ST

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-2940

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109100.00

Current Approval Amount

109100.00

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

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

56001-2940

CD

MN-01

Jobs Reported

13

NAICS Code

331492

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

21820.00

Payroll Proceed

87280.00

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

Corporation

Originating Lender Location Id

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

109763.69

Forgiveness Date

11/19/2020

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