Powermation Division Inc.

$2,249,000 PPP Loan in Saint Paul, Minnesota

Loan Details

Loan Number
2558087103
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,249,000
Current Approval
$2,249,000
Forgiveness Amount
$2,273,552
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powermation Division Inc.
Address
1310 Energy Ln
ZIP Code
55108-3500
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
140
Estimated Revenue
$42.9M
Rural/Urban
Urban
Congressional District
MN-04

Loan Use Breakdown

Payroll
$2,249,000

Lender Information

Servicing Lender
Bell Bank
Originating Lender
Bell Bank

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