PPP Loan information for Electro-mechanical industries

$688,008

Electro-mechanical industries was initially approved for PPP Loan of amount $688,008, the current approved amount is $688,008. The loan was approved on 01/29/2021 by The North American Banking Company reported 50 jobs and $688,008 was used to fund payroll.

Electro-mechanical industries is Existing or more than 2 years old

PPP Loan Search / MN / Plymouth / Electro-mechanical industries

ELECTRO-MECHANICAL INDUSTRIES

Date Approved

01/29/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ELECTRO-MECHANICAL INDUSTRIES

Borrower Address

13300 6th Ave N

Borrower City

Plymouth

Borrower State

MN

Borrower Zip

55441-5551

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

688007.70

Current Approval Amount

688007.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123131

Servicing Lender Name

North American Banking Company

Servicing Lender Address

2230 Albert St North

Servicing Lender City

ROSEVILLE

Servicing Lender State

MN

Servicing Lender Zip

55113-4206

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

HENNEPIN

Project State

MN

Project Zip

55441-5551

CD

MN-03

Jobs Reported

50

NAICS Code

335313

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

688007.70

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

Subchapter S Corporation

Originating Lender Location Id

123131

Originating Lender

North American Banking Company

Originating Lender City

ROSEVILLE

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

693945.30

Forgiveness Date

12/16/2021

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