Avantech, Inc.

$739,855 PPP Loan in Baxter, Minnesota

Loan Details

Loan Number
9276617002
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$739,855
Current Approval
$739,855
Forgiveness Amount
$744,890
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Avantech, Inc.
Address
7790 Hastings Rd
City
Baxter
ZIP Code
56425-8467
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333511)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$12.3M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$739,855

Lender Information

Servicing Lender
Chippewa Valley Bank
Originating Lender
Chippewa Valley Bank

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