PPP Loan information for Metal-tek inc.

$197,300

Metal-tek inc. was initially approved for PPP Loan of amount $197,300, the current approved amount is $197,300. The loan was approved on 04/15/2020 by The CorTrust Bank National Association reported 19 jobs and $197,300 was used to fund payroll.

Metal-tek inc. is Existing or more than 2 years old

PPP Loan Search / MN / Fridley / Metal-tek inc.

METAL-TEK INC.

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

METAL-TEK INC.

Borrower Address

7901 Main Street NE

Borrower City

Fridley

Borrower State

MN

Borrower Zip

55432-1843

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197300.00

Current Approval Amount

197300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fridley

Project County Name

ANOKA

Project State

MN

Project Zip

55432-1843

CD

MN-05

Jobs Reported

19

NAICS Code

332811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19730.00

Payroll Proceed

157840.00

Mortgage Interest Proceed

0.00

Rent Proceed

19730.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

198970.29

Forgiveness Date

02/25/2021

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