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Tolomatic, Inc.

$3,659,700 PPP Loan in Hamel, Minnesota

Loan Details

Loan Number
2271477105
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$3,659,700
Current Approval
$3,659,700
Forgiveness Amount
$3,701,110
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tolomatic, Inc.
Address
3800 Country Road 116
City
Hamel
State
Minnesota
ZIP Code
55340
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336999)
Business Age
Existing or more than 2 years old
Jobs Reported
216
Estimated Revenue
$56.6M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$3,659,700

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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