Mnstar Technologies, Inc.

$487,100 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
9215357003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$487,100
Current Approval
$487,100
Forgiveness Amount
$489,834
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mnstar Technologies, Inc.
Address
4201 East US Highway 169
ZIP Code
55744-4414
Business Type
Corporation
Industry (NAICS)
Manufacturing (335931)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$12.6M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$400,000
Utilities
$40,000
Mortgage Interest
$20,000
Debt Interest
$27,100

Lender Information

Servicing Lender
Woodland Bank
Originating Lender
Woodland Bank

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