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Cast Corporation

$489,800 PPP Loan in Hibbing, Minnesota

Loan Details

Loan Number
6628427005
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$489,800
Current Approval
$494,600
Forgiveness Amount
$497,362
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Cast Corporation
Address
11364 Highway 37
City
Hibbing
State
Minnesota
ZIP Code
55746-8229
Business Type
Corporation
Industry (NAICS)
Manufacturing (331513)
Business Age
Existing or more than 2 years old
Jobs Reported
46
Estimated Revenue
$12.0M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$395,680
Utilities
$58,920
Mortgage Interest
$40,000

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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