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
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

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