Trinity Tool & Precision Machining

$231,100 PPP Loan in Sauk Centre, Minnesota

Loan Details

Loan Number
3645427101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$231,100
Current Approval
$231,100
Forgiveness Amount
$234,348
Forgiveness Date
Sep 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Trinity Tool & Precision Machining
Address
633 Lincoln Loop
ZIP Code
56378-2008
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.3M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$184,908
Rent
$15,000
Utilities
$26,192
Mortgage Interest
$5,000

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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