Cortec Corp.

$2,613,660 PPP Loan in Saint Paul, Minnesota

Loan Details

Loan Number
1137907206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$2,613,660
Current Approval
$2,613,660
Forgiveness Amount
$2,400,735
Forgiveness Date
Jul 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cortec Corp.
Address
4119 White Bear Parkway
ZIP Code
55110
Business Type
Corporation
Industry (NAICS)
Manufacturing (325998)
Business Age
Existing or more than 2 years old
Jobs Reported
165
Estimated Revenue
$163.7M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$2,371,683
Refinance EIDL
$241,978

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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