Midsota Manufacturing, Inc.
$1,423,000 PPP Loan in Avon, Minnesota
Loan Details
- Loan Number
- 4568067002
- Date Approved
- Apr 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,423,000
- Current Approval
- $1,423,000
- Forgiveness Amount
- $1,431,955
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Midsota Manufacturing, Inc.
- Address
- 310 Blattner Dr
- City
- Avon
- State
- Minnesota
- ZIP Code
- 56310-8674
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333924)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 118
- Estimated Revenue
- $30.9M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $1,255,000
- Rent
- $60,000
- Utilities
- $58,000
- Health Care
- $50,000
Lender Information
- Servicing Lender
- American Heritage National Bank
- Originating Lender
- American Heritage National Bank
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