Minntronix, Inc.

$605,600 PPP Loan in Watertown, South Dakota

Loan Details

Loan Number
7272557110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$605,600
Current Approval
$605,600
Forgiveness Amount
$609,974
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Minntronix, Inc.
Address
1600 9th Ave SW
ZIP Code
57201-5012
Business Type
Corporation
Industry (NAICS)
Manufacturing (334416)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.9M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$551,900
Utilities
$1,500
Health Care
$52,200

Lender Information

Servicing Lender
Dacotah Bank
Originating Lender
Dacotah Bank

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