Pal's Machining, INC

$152,700 PPP Loan in Owatonna, Minnesota

Loan Details

Loan Number
7790967006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$152,700
Current Approval
$152,700
Forgiveness Amount
$153,581
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pal's Machining, INC
Address
525 North St
ZIP Code
55060-1159
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$152,700

Lender Information

Servicing Lender
United Prairie Bank
Originating Lender
United Prairie Bank

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