PPP Loan information for Grinding & finishing technologies inc

$51,585

Grinding & finishing technologies inc was initially approved for PPP Loan of amount $51,585, the current approved amount is $51,585. The loan was approved on 04/03/2021 by The Minnwest Bank reported 4 jobs and $51,585 was used to fund payroll.

Grinding & finishing technologies inc is Existing or more than 2 years old

GRINDING & FINISHING TECHNOLOGIES INC

Date Approved

04/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

GRINDING & FINISHING TECHNOLOGIES INC

Borrower Address

3557 21st Ave S

Borrower City

Saint Cloud

Borrower State

MN

Borrower Zip

56301-8934

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

51585.00

Current Approval Amount

51585.00

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Cloud

Project County Name

STEARNS

Project State

MN

Project Zip

56301-8934

CD

MN-06

Jobs Reported

4

NAICS Code

327910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

51582.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51763.07

Forgiveness Date

08/13/2021

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