Minnesota Medtec INC

$348,100 PPP Loan in Maple Grove, Minnesota

Loan Details

Loan Number
7575618304
Date Approved
Jan 28, 2021
Loan Status
Paid in Full
Initial Approval
$348,100
Current Approval
$348,100
Forgiveness Amount
$349,731
Forgiveness Date
Jul 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Minnesota Medtec INC
Address
11760 Justen Cir Ste B
ZIP Code
55369-9256
Business Type
Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$12.0M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$348,098
Utilities
$1

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

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