PPP Loan information for New ulm precision tool

$424,700

New ulm precision tool was initially approved for PPP Loan of amount $424,700, the current approved amount is $424,700. The loan was approved on 04/06/2020 by The Bremer Bank, National Association reported 23 jobs and $424,700 was used to fund payroll.

New ulm precision tool is Existing or more than 2 years old

PPP Loan Search / MN / NEW ULM / New ulm precision tool

NEW ULM PRECISION TOOL

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NEW ULM PRECISION TOOL

Borrower Address

2217 South Broadway

Borrower City

NEW ULM

Borrower State

MN

Borrower Zip

56073

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424700.00

Current Approval Amount

424700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW ULM

Project County Name

BROWN

Project State

MN

Project Zip

56073-0001

CD

MN-01

Jobs Reported

23

NAICS Code

332911

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

424700.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

258962.45

Forgiveness Date

11/10/2020

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