Electrical Power Solutions INC

$233,777 PPP Loan in Baxter, Minnesota

Loan Details

Loan Number
2409528401
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$233,777
Current Approval
$233,777
Forgiveness Amount
$235,738
Forgiveness Date
Dec 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Electrical Power Solutions INC
Address
7658 Design Rd Ste 100
City
Baxter
ZIP Code
56425-8789
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$233,774

Lender Information

Servicing Lender
Scale Bank
Originating Lender
Scale Bank

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