Stang Precision, Inc.
$447,700 PPP Loan in Paynesville, Minnesota
Loan Details
- Loan Number
- 3496987209
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $447,700
- Current Approval
- $447,700
- Forgiveness Amount
- $452,435
- Forgiveness Date
- May 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Stang Precision, Inc.
- Address
- 121 Industrial Loop West
- City
- Paynesville
- State
- Minnesota
- ZIP Code
- 56362
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332721)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $7.8M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $447,700
Lender Information
- Servicing Lender
- Magnifi Financial Cu
- Originating Lender
- Magnifi Financial Cu
Other PPP Loans in Paynesville, MN
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|---|---|---|
| Highline Construction Inc. | $1,079,698 |  AI Deep Dive |
| Avon Plastics Inc. | $971,922 | AI Deep Dive |
| Avon Plastics, INC | $971,900 | AI Deep Dive |
| Voss Plumbing & Heating of Paynesville INC | $850,000 | AI Deep Dive |
| Louis Industries INC | $738,047 | AI Deep Dive |
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