Eckhoff's Custom Machining, Inc.
$222,300 PPP Loan in New London, Minnesota
Loan Details
- Loan Number
- 5148157210
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $222,300
- Current Approval
- $222,300
- Forgiveness Amount
- $223,906
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Eckhoff's Custom Machining, Inc.
- Address
- 3330 County Road 40 NE
- City
- New London
- State
- Minnesota
- ZIP Code
- 56273-9553
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332721)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $177,840
- Utilities
- $44,460
Lender Information
- Servicing Lender
- Lake Region Bank
- Originating Lender
- Lake Region Bank
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