NewBizBot
Try for Free

Stenerson Machine INC

$55,100 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
2250157910
Date Approved
Jun 11, 2020
Loan Status
Paid in Full
Initial Approval
$55,100
Current Approval
$55,100
Forgiveness Amount
$55,470
Forgiveness Date
Feb 16, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Stenerson Machine INC
Address
1168 Brick Ave
City
Red Wing
State
Minnesota
ZIP Code
55066-2903
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$47,180
Rent
$7,920

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

Other PPP Loans in Red Wing, MN

BusinessApproved
Mactech Incorporated$1,413,800NewBizBotAI Deep Dive
Hiawatha Medical, Inc.$1,327,353NewBizBotAI Deep Dive
Ryan Mechanical, Inc.$1,269,300NewBizBotAI Deep Dive
Plaas Incorporated$1,148,700NewBizBotAI Deep Dive
Plaas Incorporated$1,054,100NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free