PPP Loan information for Erdman automation corporation

$2,000,000

Erdman automation corporation was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The Alliance Bank reported 112 jobs and $2,000,000 was used to fund payroll.

Erdman automation corporation is Existing or more than 2 years old

PPP Loan Search / MN / Princeton / Erdman automation corporation

ERDMAN AUTOMATION CORPORATION

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ERDMAN AUTOMATION CORPORATION

Borrower Address

1603 14th St S

Borrower City

Princeton

Borrower State

MN

Borrower Zip

55371-2320

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38294

Servicing Lender Name

Alliance Bank

Servicing Lender Address

105 E Lyon Ave

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Princeton

Project County Name

SHERBURNE

Project State

MN

Project Zip

55371-2320

CD

MN-06

Jobs Reported

112

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38294

Originating Lender

Alliance Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2015277.78

Forgiveness Date

11/05/2021

;