Electromatics INC
$59,400 PPP Loan in Saint Cloud, Minnesota
Loan Details
- Loan Number
- 1351687104
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $59,400
- Current Approval
- $59,400
- Forgiveness Amount
- $59,890
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Electromatics INC
- Address
- 8448 Old Highway Road No
- City
- Saint Cloud
- State
- Minnesota
- ZIP Code
- 56301
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 4
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $47,600
- Rent
- $3,500
- Utilities
- $2,400
- Health Care
- $5,900
Lender Information
- Servicing Lender
- Deerwood Bank
- Originating Lender
- Deerwood Bank
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