PPP Loan information for Midwest machine tool supply inc

$188,938

Midwest machine tool supply inc was initially approved for PPP Loan of amount $188,938, the current approved amount is $188,938. The loan was approved on 01/20/2021 by The Border Bank reported 12 jobs and $188,938 was used to fund payroll.

Midwest machine tool supply inc is Existing or more than 2 years old

PPP Loan Search / MN / Fridley / Midwest machine tool supply inc

MIDWEST MACHINE TOOL SUPPLY INC

Date Approved

01/20/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MIDWEST MACHINE TOOL SUPPLY INC

Borrower Address

230 Commerce Cir S

Borrower City

Fridley

Borrower State

MN

Borrower Zip

55432-3148

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

188937.50

Current Approval Amount

188937.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52775

Servicing Lender Name

Border Bank

Servicing Lender Address

4530 17th Ave SW

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-8991

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

55432-3148

CD

MN-05

Jobs Reported

12

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

188934.50

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

Subchapter S Corporation

Originating Lender Location Id

52775

Originating Lender

Border Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

190569.71

Forgiveness Date

12/06/2021

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