Great Lakes Tool & Engineering, INC

$55,402 PPP Loan in Staples, Minnesota

Loan Details

Loan Number
6710767001
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$55,402
Current Approval
$55,402
Forgiveness Amount
$33,980
Forgiveness Date
Feb 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Great Lakes Tool & Engineering, INC
Address
25840 State 210
ZIP Code
56479-2678
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$49,840
Rent
$3,000
Utilities
$1,260
Health Care
$1,302

Lender Information

Servicing Lender
Unity Bank
Originating Lender
Unity Bank

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