PPP Loan information for Erdman automation corporation

$2,149,100

Erdman automation corporation was initially approved for PPP Loan of amount $2,149,100, the current approved amount is $2,149,100. The loan was approved on 04/14/2020 by The Alliance Bank reported 129 jobs and $2,149,100 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

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ERDMAN AUTOMATION CORPORATION

Borrower Address

1603 South 14th Street

Borrower City

PRINCETON

Borrower State

MN

Borrower Zip

55371

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2149100.00

Current Approval Amount

2149100.00

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

MILLE LACS

Project State

MN

Project Zip

55371-0001

CD

MN-06

Jobs Reported

129

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2149100.00

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

2173217.68

Forgiveness Date

06/09/2021

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