Professional Instruments Company INC

$594,983 PPP Loan in Hopkins, Minnesota

Loan Details

Loan Number
1128957110
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$594,983
Current Approval
$594,983
Forgiveness Amount
$601,210
Forgiveness Date
May 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Professional Instruments Company INC
Address
7800 Powell Road
ZIP Code
55343-8572
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$13.6M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$594,983

Lender Information

Servicing Lender
Citizens Independent Bank
Originating Lender
Citizens Independent Bank

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