Carbide Tool Services INC

$575,300 PPP Loan in Anoka, Minnesota

Loan Details

Loan Number
8498967101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$575,300
Current Approval
$575,300
Forgiveness Amount
$580,334
Forgiveness Date
Mar 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Carbide Tool Services INC
Address
1020 Lund Blvd
City
Anoka
ZIP Code
55303
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
28
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$431,475
Rent
$35,956
Utilities
$35,956
Health Care
$35,956
Mortgage Interest
$35,956

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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