Maxbat Inc.

$70,700 PPP Loan in Brooten, Minnesota

Loan Details

Loan Number
1582688304
Date Approved
Jan 19, 2021
Loan Status
Paid in Full
Initial Approval
$70,700
Current Approval
$70,700
Forgiveness Amount
$71,281
Forgiveness Date
Nov 19, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Maxbat Inc.
Address
530 1st St S
ZIP Code
56316-4002
Business Type
Corporation
Industry (NAICS)
Manufacturing (321999)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$70,696
Utilities
$1

Lender Information

Servicing Lender
Glenwood State Bank Incorporated
Originating Lender
Glenwood State Bank Incorporated

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