Powers Machining, Inc.

$221,100 PPP Loan in Carlos, Minnesota

Loan Details

Loan Number
6005077109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$221,100
Current Approval
$221,100
Forgiveness Amount
$222,328
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Powers Machining, Inc.
Address
5025 County 13
City
Carlos
ZIP Code
56319-8148
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333515)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.8M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$221,100

Lender Information

Servicing Lender
First Western Bank & Trust
Originating Lender
First Western Bank & Trust

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