Mtd Acquisitions INC

$1,252,500 PPP Loan in Hibbing, Minnesota

Loan Details

Loan Number
4507577009
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$1,252,500
Current Approval
$1,235,700
Forgiveness Amount
$1,242,668
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mtd Acquisitions INC
Address
1 SW 7th Ave
ZIP Code
55746-1405
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531120)
Business Age
Existing or more than 2 years old
Jobs Reported
98
Estimated Revenue
$14.7M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$988,560
Rent
$200,000
Utilities
$47,140

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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