Exactec, Inc.

$455,000 PPP Loan in Chaska, Minnesota

Loan Details

Loan Number
5346137009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$455,000
Current Approval
$455,000
Forgiveness Amount
$457,553
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Exactec, Inc.
Address
1200 Lakeview Dr
City
Chaska
ZIP Code
55318-9506
Business Type
Corporation
Industry (NAICS)
Manufacturing (325211)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$34.7M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$377,710
Rent
$59,290
Utilities
$18,000

Lender Information

Servicing Lender
Scale Bank
Originating Lender
Scale Bank

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