Preferred Tool LLC
$502,300 PPP Loan in Hugo, Minnesota
Loan Details
- Loan Number
- 8172377003
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $502,300
- Current Approval
- $502,300
- Forgiveness Amount
- $506,109
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Preferred Tool LLC
- Address
- 15195 Freeland Ave N
- City
- Hugo
- State
- Minnesota
- ZIP Code
- 55038-8372
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (332999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 26
- Estimated Revenue
- $6.4M
- Rural/Urban
- Urban
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $502,300
Lender Information
- Servicing Lender
- 21st Century Bank
- Originating Lender
- 21st Century Bank
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