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
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

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