Mold Tech INC

$1,037,800 PPP Loan in Albertville, Minnesota

Loan Details

Loan Number
3140767103
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$1,037,800
Current Approval
$1,037,800
Forgiveness Amount
$1,044,142
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mold Tech INC
Address
5166 Barthel Industrial Drive NE
ZIP Code
55301-9802
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333511)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$15.2M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$778,350
Rent
$64,863
Utilities
$64,863
Mortgage Interest
$64,863
Refinance EIDL
$64,863

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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