# PPP loan: MOLD-TECH INCORPORATED
> **$1.05M** approved 02/27/2021 · Paid in Full · Loan `5054378506`
## Borrower
- **Name:** MOLD-TECH INCORPORATED
- **Address:** 5166 Barthel Industrial Dr NE, Albertville, MN, 55301-9802
- **NAICS:** 333511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.06M (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.05M
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*