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
- City
- Albertville
- State
- Minnesota
- 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
Other PPP Loans in Albertville, MN
| Business | Approved | |
|---|---|---|
| Daniels Holding Co., Inc. | $2,810,000 | |
| Fehn Companies INC | $1,193,500 | |
| Northdale Construction Co INC | $1,153,700 | |
| Mold-Tech Incorporated | $1,051,000 | |
| Kaleidoscope Charter School | $862,200 |
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