Becker Machine & Tool, Inc.
$94,300 PPP Loan in Princeton, Minnesota
Loan Details
- Loan Number
- 9680567002
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $94,300
- Current Approval
- $94,300
- Forgiveness Amount
- $94,981
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Becker Machine & Tool, Inc.
- Address
- 12714 320th Ave
- City
- Princeton
- State
- Minnesota
- ZIP Code
- 55371-3383
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332710)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 12
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $70,725
- Rent
- $18,860
- Utilities
- $4,715
Lender Information
- Servicing Lender
- First Bank Elk River
- Originating Lender
- First Bank Elk River
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