Metal Craf Machine & Engineering, Inc.

$2,206,900 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
8723697209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,206,900
Current Approval
$2,206,900
Forgiveness Amount
$2,236,509
Forgiveness Date
Sep 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Metal Craf Machine & Engineering, Inc.
Address
13760 Business Center Dr NW
ZIP Code
55330-4811
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
145
Estimated Revenue
$35.4M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$1,655,175
Utilities
$551,725

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

Other PPP Loans in Elk River, MN

BusinessApproved
Accurate Home Care Holdings LLC$4,011,400NewBizBotResearch
Cornerstone Auto Group LLC$3,384,507NewBizBotResearch
Guardian Angels of Elk River Inc.$1,882,900NewBizBotResearch
Murray Enterprises, Inc.$1,792,300NewBizBotResearch
Guardian Angels Health Services Inc.$1,714,700NewBizBotResearch

Want to research this company further?

Try NewBizBot free