Notch Manufacturing INC

$209,600 PPP Loan in Paynesville, Minnesota

Loan Details

Loan Number
2157997104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$209,600
Current Approval
$209,600
Forgiveness Amount
$210,777
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Notch Manufacturing INC
Address
23664 State Highway 4
ZIP Code
56362-9362
Business Type
Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.8M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$180,000
Rent
$20,000
Utilities
$9,600

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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