Midwest Industrial Tool Grinding, Inc.
$1,035,700 PPP Loan in Hutchinson, Minnesota
Loan Details
- Loan Number
- 6175977002
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,035,700
- Current Approval
- $1,035,700
- Forgiveness Amount
- $1,041,943
- Forgiveness Date
- Nov 20, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Midwest Industrial Tool Grinding, Inc.
- Address
- 45 W Highland Park Dr NE
- City
- Hutchinson
- State
- Minnesota
- ZIP Code
- 55350-9700
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 74
- Estimated Revenue
- $18.1M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $1,035,700
Lender Information
- Servicing Lender
- Citizens Bank & Trust Co
- Originating Lender
- Citizens Bank & Trust Co
Other PPP Loans in Hutchinson, MN
| Business | Approved | |
|---|---|---|
| Hutchinson Manufacturing Holdings, LLC | $4,586,000 |  Research |
| Heartland Agriculture, LLC | $3,950,000 | Research |
| Goebel Fixture Co. | $2,574,600 | Research |
| Goebel Fixture Co. | $2,000,000 | Research |
| Hutchinson Manufacturing Holdings LLC | $2,000,000 | Research |
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