Electric Motor & Bearing Service of
$31,200 PPP Loan in Albert Lea, Minnesota
Loan Details
- Loan Number
- 7303647705
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $31,200
- Current Approval
- $31,200
- Forgiveness Amount
- $31,486
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Electric Motor & Bearing Service of
- Address
- 1401 9th St W
- City
- Albert Lea
- State
- Minnesota
- ZIP Code
- 56007
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423610)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 7
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $31,200
Lender Information
- Servicing Lender
- U.s. Bank, National Association
- Originating Lender
- U.s. Bank, National Association
Other PPP Loans in Albert Lea, MN
| Business | Approved | |
|---|---|---|
| Innovance, INC | $5,100,000 | |
| Mrs. Gerry's Kitchen, Inc. | $2,252,269 | |
| Argonaut Minnesota Ventures INC | $2,032,300 | |
| Amerinational Community Services LLC | $1,964,000 | |
| St. John's Lutheran Home of Alberta Lea | $1,782,735 |
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