Source Machine INC

$605,300 PPP Loan in Burnsville, Minnesota

Loan Details

Loan Number
4545127102
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$605,300
Current Approval
$605,300
Forgiveness Amount
$608,650
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Source Machine INC
Address
14310 Ewing Ave South Suite 400
ZIP Code
55306-4200
Business Type
Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
57
Estimated Revenue
$14.9M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$605,300

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Old National Bank

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