Power Engineering & Manufacturing, INC
$229,932 PPP Loan in Blaine, Minnesota
Loan Details
- Loan Number
- 5562157009
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $229,932
- Current Approval
- $307,266
- Forgiveness Amount
- $309,051
- Forgiveness Date
- Nov 13, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Power Engineering & Manufacturing, INC
- Address
- 1463 94th Ln NE
- City
- Blaine
- State
- Minnesota
- ZIP Code
- 55449-4320
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $7.0M
- Rural/Urban
- Urban
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $307,266
Lender Information
- Servicing Lender
- Village Bank
- Originating Lender
- Village Bank
Other PPP Loans in Blaine, MN
| Business | Approved | |
|---|---|---|
| Infinite Campus, INC | $7,743,485 | |
| Carley Foundry INC | $4,619,275 | |
| Streamworks, LLC | $2,163,700 | |
| Insulation Midwest, Inc. | $1,653,630 | |
| Insulation Midwest, Inc. | $1,653,630 |
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