Elemet Group Inc.

$1,417,692 PPP Loan in Princeton, Minnesota

Loan Details

Loan Number
2336688401
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$1,417,692
Current Approval
$1,417,692
Forgiveness Amount
$1,425,771
Forgiveness Date
Sep 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Elemet Group Inc.
Address
1502 14th St S
ZIP Code
55371-2317
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
106
Estimated Revenue
$25.9M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$1,417,689
Utilities
$1

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

Other PPP Loans in Princeton, MN

BusinessApproved
Crystal Cabinet Works, Inc.$5,124,400NewBizBotAI Deep Dive
Federated Co-Ops INC$2,298,300NewBizBotAI Deep Dive
Erdman Automation Corporation$2,149,100NewBizBotAI Deep Dive
Erdman Automation Corporation$2,000,000NewBizBotAI Deep Dive
Element Group, Inc.$1,237,175NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free