PPP Loan information for Pneumat systems inc.

$187,500

Pneumat systems inc. was initially approved for PPP Loan of amount $187,500, the current approved amount is $187,500. The loan was approved on 03/16/2021 by The Community Bank Mankato reported 23 jobs and $187,500 was used to fund payroll.

Pneumat systems inc. is Existing or more than 2 years old

PNEUMAT SYSTEMS INC.

Date Approved

03/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PNEUMAT SYSTEMS INC.

Borrower Address

110 Mohr Dr

Borrower City

Mankato

Borrower State

MN

Borrower Zip

56001-3000

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187500.00

Current Approval Amount

187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38968

Servicing Lender Name

Community Bank Mankato

Servicing Lender Address

201 E Main St

Servicing Lender City

VERNON CENTER

Servicing Lender State

MN

Servicing Lender Zip

56090

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mankato

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-3000

CD

MN-01

Jobs Reported

23

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

187495.00

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

38968

Originating Lender

Community Bank Mankato

Originating Lender City

VERNON CENTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

188776.04

Forgiveness Date

11/19/2021

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