Date Approved
04/14/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
APPLIED PRODUCTS, INC.
Borrower Address
6035 Baker Road
Borrower City
MINNETONKA
Borrower State
MN
Borrower Zip
55345-5908
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1560800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38669
Servicing Lender Name
Lake Region Bank
Servicing Lender Address
51 Main St
Servicing Lender City
NEW LONDON
Servicing Lender State
Servicing Lender Zip
56273
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-03
Jobs Reported
90
NAICS Code
423840
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
62160.00
Payroll Proceed
1248640.00
Mortgage Interest Proceed
Rent Proceed
250000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1569297.69
Forgiveness Date
11/03/2020