PPP Loan information for Midwest knifemakers supply, llc

$108,064

Midwest knifemakers supply, llc was initially approved for PPP Loan of amount $86,450, the current approved amount is $108,064. The loan was approved on 04/08/2020 by The Frandsen Bank & Trust reported 11 jobs and $108,064 was used to fund payroll.

Midwest knifemakers supply, llc is Existing or more than 2 years old

MIDWEST KNIFEMAKERS SUPPLY, LLC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MIDWEST KNIFEMAKERS SUPPLY, LLC

Borrower Address

2650 9th Street

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86450.00

Current Approval Amount

108064.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

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

56001-0002

CD

MN-01

Jobs Reported

11

NAICS Code

813910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6064.00

Payroll Proceed

92000.00

Mortgage Interest Proceed

10000.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98698.06

Forgiveness Date

12/10/2020

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