Utility Systems of America INC
$500,000 PPP Loan in Eveleth, Minnesota
Loan Details
- Loan Number
- 5616257109
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $500,000
- Current Approval
- $476,000
- Forgiveness Amount
- $479,583
- Forgiveness Date
- Jan 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Utility Systems of America INC
- Address
- 1280 Industrial Pkwy
- City
- Eveleth
- State
- Minnesota
- ZIP Code
- 55734-8629
- Business Type
- Corporation
- Industry (NAICS)
- Construction (237990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 35
- Estimated Revenue
- $10.8M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $380,800
- Utilities
- $5,200
- Health Care
- $90,000
Lender Information
- Servicing Lender
- Park State Bank
- Originating Lender
- Park State Bank
Other PPP Loans in Eveleth, MN
| Business | Approved | |
|---|---|---|
| Gulbranson Excavating Co. | $812,535 | |
| Aqua Power Inc. | $420,000 | |
| Lundgren Motors Inc. | $407,343 | |
| Lundgren Motors Inc. | $407,343 | |
| Aqua Power, Inc. | $400,000 |
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