Applied Products, Inc.
$1,560,800 PPP Loan in Minnetonka, Minnesota
Loan Details
- Loan Number
- 7512287101
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,560,800
- Current Approval
- $1,560,800
- Forgiveness Amount
- $1,569,298
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Applied Products, Inc.
- Address
- 6035 Baker Road
- City
- Minnetonka
- State
- Minnesota
- ZIP Code
- 55345-5908
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423840)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 90
- Estimated Revenue
- $27.6M
- Rural/Urban
- Urban
- Congressional District
- MN-03
Loan Use Breakdown
- Payroll
- $1,248,640
- Rent
- $250,000
- Utilities
- $62,160
Lender Information
- Servicing Lender
- Lake Region Bank
- Originating Lender
- Lake Region Bank
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