PPP Loan information for Wood machinery systems, inc.

$137,700

Wood machinery systems, inc. was initially approved for PPP Loan of amount $137,700, the current approved amount is $137,700. The loan was approved on 04/10/2020 by The Minnwest Bank reported 9 jobs and $137,700 was used to fund payroll.

Wood machinery systems, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNETONKA / Wood machinery systems, inc.

WOOD MACHINERY SYSTEMS, INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

WOOD MACHINERY SYSTEMS, INC.

Borrower Address

15041 MINNETONKA INDUSTRIAL RD

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345-2110

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137700.00

Current Approval Amount

137700.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-2110

CD

MN-03

Jobs Reported

9

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

137700.00

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

Subchapter S Corporation

Originating Lender Location Id

36636

Originating Lender

Minnwest Bank

Originating Lender City

REDWOOD FALLS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

139065.68

Forgiveness Date

04/15/2021

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