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Metal-Tek Inc.

$197,300 PPP Loan in Fridley, Minnesota

Loan Details

Loan Number
1183017200
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$197,300
Current Approval
$197,300
Forgiveness Amount
$198,970
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Metal-Tek Inc.
Address
7901 Main Street NE
City
Fridley
State
Minnesota
ZIP Code
55432-1843
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332811)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$157,840
Rent
$19,730
Utilities
$19,730

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

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