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Brake Metal INC

$43,100 PPP Loan in Fridley, Minnesota

Loan Details

Loan Number
6381067208
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$43,100
Current Approval
$43,100
Forgiveness Amount
$43,818
Forgiveness Date
Jan 4, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Brake Metal INC
Address
251 Commerce Circle S
City
Fridley
State
Minnesota
ZIP Code
55432
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333511)
Business Age
New Business or 2 years or less
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$43,100

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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