Machinewell, Inc.

$532,765 PPP Loan in Grygla, Minnesota

Loan Details

Loan Number
9838357010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$532,765
Current Approval
$532,765
Forgiveness Amount
$536,370
Forgiveness Date
Dec 28, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Machinewell, Inc.
Address
115 West State St P O Box 157
City
Grygla
ZIP Code
56727-2752
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
66
Estimated Revenue
$17.3M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$399,574
Utilities
$133,191

Lender Information

Servicing Lender
Northern State Bank of Thief River Falls
Originating Lender
Northern State Bank of Thief River Falls

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