PPP Loan information for Midsota manufacturing, inc.

$1,423,000

Midsota manufacturing, inc. was initially approved for PPP Loan of amount $1,423,000, the current approved amount is $1,423,000. The loan was approved on 04/03/2020 by The American Heritage National Bank reported 118 jobs and $1,423,000 was used to fund payroll.

Midsota manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / MN / AVON / Midsota manufacturing, inc.

MIDSOTA MANUFACTURING, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDSOTA MANUFACTURING, INC.

Borrower Address

310 BLATTNER DR

Borrower City

AVON

Borrower State

MN

Borrower Zip

56310-8674

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1423000.00

Current Approval Amount

1423000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38326

Servicing Lender Name

American Heritage National Bank

Servicing Lender Address

24 2nd St South

Servicing Lender City

LONG PRAIRIE

Servicing Lender State

MN

Servicing Lender Zip

56347-1327

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AVON

Project County Name

STEARNS

Project State

MN

Project Zip

56310-8674

CD

MN-07

Jobs Reported

118

NAICS Code

333924

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

58000.00

Payroll Proceed

1255000.00

Mortgage Interest Proceed

0.00

Rent Proceed

60000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

50000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38326

Originating Lender

American Heritage National Bank

Originating Lender City

LONG PRAIRIE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1421870.50

Forgiveness Date

11/27/2020

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