Scs Elevator Products, Inc.

$766,200 PPP Loan in Red Wing, Minnesota

Loan Details

Loan Number
1099437107
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$766,200
Current Approval
$766,200
Forgiveness Amount
$773,585
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Scs Elevator Products, Inc.
Address
310 Cannon River Ave N
ZIP Code
55066-1824
Business Type
Corporation
Industry (NAICS)
Manufacturing (333921)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.9M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$574,700
Utilities
$191,500

Lender Information

Servicing Lender
Alerus Financial, National Association
Originating Lender
Alerus Financial, National Association

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