Sartec Corporation

$627,800 PPP Loan in Anoka, Minnesota

Loan Details

Loan Number
1260177109
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$627,800
Current Approval
$627,800
Forgiveness Amount
$631,640
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sartec Corporation
Address
617 Pierce St
City
Anoka
ZIP Code
55303-1601
Business Type
Corporation
Industry (NAICS)
Manufacturing (311119)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$13.8M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$627,800

Lender Information

Servicing Lender
Minnwest Bank
Originating Lender
Minnwest Bank

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