PPP Loan information for Steel machining, inc.

$4,600

Steel machining, inc. was initially approved for PPP Loan of amount $4,600, the current approved amount is $4,600. The loan was approved on 04/09/2020 by The Lake Region Bank reported 3 jobs and $4,600 was used to fund payroll.

Steel machining, inc. is Existing or more than 2 years old

STEEL MACHINING, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STEEL MACHINING, INC.

Borrower Address

515 ITASCA ST

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-2942

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4600.00

Current Approval Amount

4600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38669

Servicing Lender Name

Lake Region Bank

Servicing Lender Address

51 Main St

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-2942

CD

MN-08

Jobs Reported

3

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

460.00

Payroll Proceed

3680.00

Mortgage Interest Proceed

460.00

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

38669

Originating Lender

Lake Region Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4634.24

Forgiveness Date

01/07/2021

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