PPP Loan information for Namco mfg. inc. of minnesota

$697,205

Namco mfg. inc. of minnesota was initially approved for PPP Loan of amount $697,205, the current approved amount is $697,205. The loan was approved on 02/09/2021 by The First Resource Bank reported 49 jobs and $697,205 was used to fund payroll.

Namco mfg. inc. of minnesota is Existing or more than 2 years old

NAMCO MFG. INC. OF MINNESOTA

Date Approved

02/09/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

NAMCO MFG. INC. OF MINNESOTA

Borrower Address

10900 60th St N

Borrower City

Stillwater

Borrower State

MN

Borrower Zip

55082-5741

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

697205.00

Current Approval Amount

697205.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stillwater

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-5741

CD

MN-04

Jobs Reported

49

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

697203.00

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

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

703050.06

Forgiveness Date

12/23/2021

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