PPP Loan information for Electro-mechanical industries, inc,

$661,203

Electro-mechanical industries, inc, was initially approved for PPP Loan of amount $661,203, the current approved amount is $661,203. The loan was approved on 04/08/2020 by The North American Banking Company reported 50 jobs and $661,203 was used to fund payroll.

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

ELECTRO-MECHANICAL INDUSTRIES, INC,

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ELECTRO-MECHANICAL INDUSTRIES, INC,

Borrower Address

13300 6th Ave N

Borrower City

Plymouth

Borrower State

MN

Borrower Zip

55441-5551

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

661202.80

Current Approval Amount

661202.80

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

661202.80

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

665206.25

Forgiveness Date

11/25/2020

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