PPP Loan information for Applied power products inc

$1,750,500

Applied power products inc was initially approved for PPP Loan of amount $1,750,500, the current approved amount is $1,750,500. The loan was approved on 04/15/2020 by The Bremer Bank, National Association reported 160 jobs and $1,750,500 was used to fund payroll.

Applied power products inc is Existing or more than 2 years old

PPP Loan Search / MN / LAKEVILLE / Applied power products inc

APPLIED POWER PRODUCTS INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

APPLIED POWER PRODUCTS INC

Borrower Address

21024 Heron Way

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1750500.00

Current Approval Amount

1750500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-0001

CD

MN-02

Jobs Reported

160

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1750500.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1766997.86

Forgiveness Date

03/31/2021

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