Machtemes Construction Inc.

$158,800 PPP Loan in Waconia, Minnesota

Loan Details

Loan Number
6021667000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$158,800
Current Approval
$158,800
Forgiveness Amount
$159,894
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Machtemes Construction Inc.
Address
Po Box
ZIP Code
55387-0275
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$127,040
Rent
$9,580
Health Care
$22,180

Lender Information

Servicing Lender
First Minnetonka City Bank
Originating Lender
First Minnetonka City Bank

Other PPP Loans in Waconia, MN

BusinessApproved
Strom Aviation, Inc.$7,593,464NewBizBotAI Deep Dive
Lakeview Clinic Ltd$3,203,384NewBizBotAI Deep Dive
Choate & Company$1,995,000NewBizBotAI Deep Dive
Laketown Electric Corporation$1,783,200NewBizBotAI Deep Dive
Km Supermarkets, Inc.$1,512,500NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free