Mactech Incorporated

$1,413,800 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
5534147009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,413,800
Current Approval
$1,413,800
Forgiveness Amount
$1,128,294
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Mactech Incorporated
Address
4097 Pepin Ave Unit 4
ZIP Code
55066-1839
Business Type
Corporation
Industry (NAICS)
Manufacturing (339999)
Business Age
Existing or more than 2 years old
Jobs Reported
93
Estimated Revenue
$26.0M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$1,413,800

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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