PPP Loan information for Power engineering & manufacturing inc

$348,010

Power engineering & manufacturing inc was initially approved for PPP Loan of amount $348,010, the current approved amount is $348,010. The loan was approved on 01/27/2021 by The Village Bank reported 29 jobs and $348,010 was used to fund payroll.

Power engineering & manufacturing inc is Existing or more than 2 years old

PPP Loan Search / MN / Blaine / Power engineering & manufacturing inc

POWER ENGINEERING & MANUFACTURING INC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

POWER ENGINEERING & MANUFACTURING INC

Borrower Address

1463 94th Ln NE

Borrower City

Blaine

Borrower State

MN

Borrower Zip

55449-4320

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

348009.67

Current Approval Amount

348009.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118028

Servicing Lender Name

Village Bank

Servicing Lender Address

3350 Bridge St NW

Servicing Lender City

SAINT FRANCIS

Servicing Lender State

MN

Servicing Lender Zip

55070-9732

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blaine

Project County Name

ANOKA

Project State

MN

Project Zip

55449-4320

CD

MN-06

Jobs Reported

29

NAICS Code

333999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

348009.67

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

118028

Originating Lender

Village Bank

Originating Lender City

SAINT FRANCIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

349392.17

Forgiveness Date

06/23/2021

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