Busch Bros Machining INC
$332,700 PPP Loan in New Prague, Minnesota
Loan Details
- Loan Number
- 9637307010
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $332,700
- Current Approval
- $332,700
- Forgiveness Amount
- $334,776
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Busch Bros Machining INC
- Address
- 600 6th Street NW
- City
- New Prague
- State
- Minnesota
- ZIP Code
- 56071-1140
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $7.8M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $249,500
- Rent
- $82,200
- Utilities
- $1,000
Lender Information
- Servicing Lender
- Minnwest Bank
- Originating Lender
- Minnwest Bank
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