Quality Tool & Machine Inc.

$37,830 PPP Loan in Detroit Lakes, Minnesota

Loan Details

Loan Number
1009098508
Date Approved
Feb 18, 2021
Loan Status
Paid in Full
Initial Approval
$37,830
Current Approval
$37,830
Forgiveness Amount
$38,000
Forgiveness Date
Aug 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Quality Tool & Machine Inc.
Address
1143 Hawk St
ZIP Code
56501-6942
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333519)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$37,828
Utilities
$1

Lender Information

Servicing Lender
Midwest Bank
Originating Lender
Midwest Bank

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