Prototype and Production Systems, INC

$334,400 PPP Loan in Brooklyn Center, Minnesota

Loan Details

Loan Number
4149527102
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$334,400
Current Approval
$334,400
Forgiveness Amount
$336,379
Forgiveness Date
Nov 20, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Prototype and Production Systems, INC
Address
4830 Azelia Ave North
ZIP Code
55429-3801
Business Type
Corporation
Industry (NAICS)
Manufacturing (325910)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$23.8M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$259,408
Rent
$33,057
Utilities
$5,442
Health Care
$28,694
Debt Interest
$7,799

Lender Information

Servicing Lender
Visionbank
Originating Lender
Visionbank

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