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
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

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