PPP Loan information for Sartec corporation

$627,800

Sartec corporation was initially approved for PPP Loan of amount $627,800, the current approved amount is $627,800. The loan was approved on 04/10/2020 by The Minnwest Bank reported 39 jobs and $627,800 was used to fund payroll.

Sartec corporation is Existing or more than 2 years old

PPP Loan Search / MN / ANOKA / Sartec corporation

SARTEC CORPORATION

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SARTEC CORPORATION

Borrower Address

617 PIERCE ST

Borrower City

ANOKA

Borrower State

MN

Borrower Zip

55303-1601

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

627800.00

Current Approval Amount

627800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36636

Servicing Lender Name

Minnwest Bank

Servicing Lender Address

300 S Washington St

Servicing Lender City

REDWOOD FALLS

Servicing Lender State

MN

Servicing Lender Zip

56283-1658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ANOKA

Project County Name

ANOKA

Project State

MN

Project Zip

55303-1601

CD

MN-03

Jobs Reported

39

NAICS Code

311119

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

627800.00

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

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

621557.58

Forgiveness Date

11/27/2020

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