Sema Equipment, INC
$2,795,262 PPP Loan in Grand Meadow, Minnesota
Loan Details
- Loan Number
- 1695157102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,795,262
- Current Approval
- $2,795,262
- Forgiveness Amount
- $2,827,563
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sema Equipment, INC
- Address
- 505 4th Ave NE
- City
- Grand Meadow
- State
- Minnesota
- ZIP Code
- 55936-8678
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423820)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 175
- Estimated Revenue
- $53.6M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $2,400,000
- Rent
- $229,054
- Utilities
- $166,208
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
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