Passive Components & Laser Works INC

$83,520 PPP Loan in Becker, Minnesota

Loan Details

Loan Number
5907108302
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$83,520
Current Approval
$83,520
Forgiveness Amount
$83,986
Forgiveness Date
Aug 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Passive Components & Laser Works INC
Address
14095 Prosperity Ave
City
Becker
ZIP Code
55308-8830
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325510)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
$6.9M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$83,518
Utilities
$1

Lender Information

Servicing Lender
Sherburne State Bank
Originating Lender
Sherburne State Bank

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