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
- City
- Chanhassen
- State
- Minnesota
- 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
Other PPP Loans in Chanhassen, MN
| Business | Approved | |
|---|---|---|
| The Bernard Group, Inc. | $8,660,000 | |
| Bongards' Creameries | $8,311,000 | |
| Insulation Distributors, Inc. | $6,591,000 | |
| Northcott Hospitality International, LLC | $4,575,200 | |
| Retail Tech INC | $2,992,600 |
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