Machine Power Inc.

$197,050 PPP Loan in Mankato, Minnesota

Loan Details

Loan Number
4387098400
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$197,050
Current Approval
$197,050
Forgiveness Amount
$197,968
Forgiveness Date
Jul 30, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Machine Power Inc.
Address
1507 1st Ave
ZIP Code
56001-3074
Business Type
Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$197,050

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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