Erdman Automation Corporation
$2,149,100 PPP Loan in Princeton, Minnesota
Loan Details
- Loan Number
- 6791637107
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,149,100
- Current Approval
- $2,149,100
- Forgiveness Amount
- $2,173,218
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Erdman Automation Corporation
- Address
- 1603 South 14th Street
- City
- Princeton
- State
- Minnesota
- ZIP Code
- 55371
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423830)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 129
- Estimated Revenue
- $39.5M
- Rural/Urban
- Rural
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $2,149,100
Lender Information
- Servicing Lender
- Alliance Bank
- Originating Lender
- Alliance Bank
Other PPP Loans in Princeton, MN
| Business | Approved | |
|---|---|---|
| Crystal Cabinet Works, Inc. | $5,124,400 |  Research |
| Federated Co-Ops INC | $2,298,300 | Research |
| Erdman Automation Corporation | $2,000,000 | Research |
| Elemet Group Inc. | $1,417,692 | Research |
| Element Group, Inc. | $1,237,175 | Research |
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