Electronic Controlled Systems Inc.

$547,420 PPP Loan in Bloomington, Minnesota

Loan Details

Loan Number
2998878605
Date Approved
Mar 16, 2021
Loan Status
Paid in Full
Initial Approval
$547,420
Current Approval
$547,420
Forgiveness Amount
$551,694
Forgiveness Date
Jan 4, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Electronic Controlled Systems Inc.
Address
11200 Hampshire Ave S
ZIP Code
55438-2453
Business Type
Corporation
Industry (NAICS)
Manufacturing (333992)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$13.1M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$547,418
Utilities
$1

Lender Information

Servicing Lender
Choice Financial Group
Originating Lender
Choice Financial Group

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