Evolve Additive Solutions, Inc.

$911,975 PPP Loan in Minnetonka, Minnesota

Loan Details

Loan Number
2023827104
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$911,975
Current Approval
$911,975
Forgiveness Amount
$924,040
Forgiveness Date
Aug 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Evolve Additive Solutions, Inc.
Address
5600 Rowland Road, Suite 180
ZIP Code
55345
Business Type
Corporation
Industry (NAICS)
Manufacturing (333244)
Business Age
Existing or more than 2 years old
Jobs Reported
53
Estimated Revenue
$13.9M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$596,766
Rent
$68,265
Utilities
$188,736
Health Care
$58,208

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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