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Hiniker Company

$1,218,500 PPP Loan in Mankato, Minnesota

Loan Details

Loan Number
5488747108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,218,500
Current Approval
$1,218,500
Forgiveness Amount
$1,225,709
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Hiniker Company
Address
58766 240th Street
City
Mankato
State
Minnesota
ZIP Code
56002
Business Type
Corporation
Industry (NAICS)
Manufacturing (333111)
Business Age
Existing or more than 2 years old
Jobs Reported
72
Estimated Revenue
$18.9M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$913,875
Rent
$182,775
Utilities
$121,850

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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