Namco Mfg. Inc. of Minnesota

$697,200 PPP Loan in Stillwater, Minnesota

Loan Details

Loan Number
4780177008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$697,200
Current Approval
$697,200
Forgiveness Amount
$703,198
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Namco Mfg. Inc. of Minnesota
Address
10900 60th St N
ZIP Code
55082-5741
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424990)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.6M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$667,205
Rent
$25,000
Utilities
$4,995

Lender Information

Servicing Lender
First Resource Bank
Originating Lender
First Resource Bank

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