Electric Motor Service INC

$267,200 PPP Loan in Saint Cloud, Minnesota

Loan Details

Loan Number
6721017201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$267,200
Current Approval
$267,200
Forgiveness Amount
$270,172
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Electric Motor Service INC
Address
2020 W Division Street
ZIP Code
56301
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Unanswered
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$267,200

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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