Excelsior Tool Company INC

$190,300 PPP Loan in Maple Plain, Minnesota

Loan Details

Loan Number
7884107007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$190,300
Current Approval
$190,300
Forgiveness Amount
$191,452
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Excelsior Tool Company INC
Address
1474 County Road 90
ZIP Code
55359-9525
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
9
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$156,271
Rent
$9,924
Health Care
$24,105

Lender Information

Servicing Lender
First Minnetonka City Bank
Originating Lender
First Minnetonka City Bank

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