Southern Minnesota Tooling, INC
$236,300 PPP Loan in New Ulm, Minnesota
Loan Details
- Loan Number
- 4468627007
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $236,300
- Current Approval
- $236,300
- Forgiveness Amount
- $237,652
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southern Minnesota Tooling, INC
- Address
- 1212 North Front Street
- City
- New Ulm
- State
- Minnesota
- ZIP Code
- 56073-1178
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333514)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 13
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $236,300
Lender Information
- Servicing Lender
- Minnstar Bank National Association
- Originating Lender
- Minnstar Bank National Association
Other PPP Loans in New Ulm, MN
| Business | Approved | |
|---|---|---|
| Associated Milk Producers INC | $10,000,000 | |
| Nuvera Communications, Inc. | $2,889,000 | |
| Martin Luther College | $2,393,700 | |
| Careen, Inc. | $1,796,300 | |
| Gislason and Hunter LLP | $1,712,886 |
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