Physical Electronics Usa, Inc.

$1,750,000 PPP Loan in Chanhassen, Minnesota

Loan Details

Loan Number
7795117106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,750,000
Current Approval
$1,750,000
Forgiveness Amount
$1,761,764
Forgiveness Date
Dec 15, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Physical Electronics Usa, Inc.
Address
18725 Lake Dr E
ZIP Code
55317
Business Type
Corporation
Industry (NAICS)
Manufacturing (334516)
Business Age
Existing or more than 2 years old
Jobs Reported
84
Estimated Revenue
$22.0M
Rural/Urban
Urban
Congressional District
MN-06

Loan Use Breakdown

Payroll
$1,750,000

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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