Technipac, Inc.

$321,270 PPP Loan in Le Sueur, Minnesota

Loan Details

Loan Number
9480247006
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$321,270
Current Approval
$321,270
Forgiveness Amount
$323,735
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Technipac, Inc.
Address
31515 Cambria Ave.
ZIP Code
56058-4509
Business Type
Corporation
Industry (NAICS)
Manufacturing (326111)
Business Age
Existing or more than 2 years old
Jobs Reported
39
Estimated Revenue
$38.7M
Rural/Urban
Rural
Congressional District
MN-02

Loan Use Breakdown

Payroll
$257,016
Utilities
$32,127
Mortgage Interest
$32,127

Lender Information

Servicing Lender
Cornerstone State Bank
Originating Lender
Cornerstone State Bank

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