Power Process Equipment INC
$672,200 PPP Loan in Chanhassen, Minnesota
Loan Details
- Loan Number
- 1332957107
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $672,200
- Current Approval
- $672,200
- Forgiveness Amount
- $676,252
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Power Process Equipment INC
- Address
- 1660 Lake Drive W
- City
- Chanhassen
- State
- Minnesota
- ZIP Code
- 55317-8583
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 38
- Estimated Revenue
- $11.6M
- Rural/Urban
- Urban
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $672,200
Lender Information
- Servicing Lender
- Htlf Bank
- Originating Lender
- Minnesota Bank and Trust, a Division of Htlf Bank
Other PPP Loans in Chanhassen, MN
| Business | Approved | |
|---|---|---|
| The Bernard Group, Inc. | $8,660,000 | |
| Bongards' Creameries | $8,311,000 | |
| Insulation Distributors, Inc. | $6,591,000 | |
| Northcott Hospitality International, LLC | $4,575,200 | |
| Retail Tech INC | $2,992,600 |
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