Minnesota Medtec, INC

$324,900 PPP Loan in Maple Grove, Minnesota

Loan Details

Loan Number
9108097002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$324,900
Current Approval
$324,900
Forgiveness Amount
$327,294
Forgiveness Date
Jan 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Minnesota Medtec, INC
Address
11760 Justen Cir Unit B
ZIP Code
55369-9252
Business Type
Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
$12.0M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$324,900

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

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