Machtemes Construction Inc.

$158,800 PPP Loan in Waconia, Minnesota

Loan Details

Loan Number
9272198300
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$158,800
Current Approval
$158,800
Forgiveness Amount
$160,145
Forgiveness Date
Dec 7, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Machtemes Construction Inc.
Address
1424 Sugarbush Ln
ZIP Code
55387-1257
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (237990)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$158,798
Utilities
$1

Lender Information

Servicing Lender
First Minnetonka City Bank
Originating Lender
First Minnetonka City Bank

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