Evolving Solutions INC
$1,456,500 PPP Loan in Hamel, Minnesota
Loan Details
- Loan Number
- 5328937009
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,456,500
- Current Approval
- $1,456,500
- Forgiveness Amount
- $1,465,439
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Evolving Solutions INC
- Address
- 3989 County Rd 116
- City
- Hamel
- State
- Minnesota
- ZIP Code
- 55340
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541512)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 65
- Estimated Revenue
- $13.4M
- Rural/Urban
- Urban
- Congressional District
- MN-03
Loan Use Breakdown
- Payroll
- $1,456,500
Lender Information
- Servicing Lender
- Bremer Bank, National Association
- Originating Lender
- Bremer Bank, National Association
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|---|---|---|
| Medina Electric, LLC | $5,131,844 |  Research |
| Max-Tech, Inc. | $4,423,300 | Research |
| Tolomatic, Inc. | $3,659,700 | Research |
| Medina Electric LLC | $2,000,000 | Research |
| Progressive Systems, INC | $1,466,400 | Research |
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