Applied Power Products INC

$1,750,500 PPP Loan in Lakeville, Minnesota

Loan Details

Loan Number
1475547208
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,750,500
Current Approval
$1,750,500
Forgiveness Amount
$1,766,998
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Applied Power Products INC
Address
21024 Heron Way
ZIP Code
55044
Business Type
Corporation
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
160
Estimated Revenue
$39.1M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$1,750,500

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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