Applied Membrane Technology Inc.

$157,500 PPP Loan in Minnetonka, Minnesota

Loan Details

Loan Number
8036977306
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$157,500
Current Approval
$157,500
Forgiveness Amount
$158,700
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Applied Membrane Technology Inc.
Address
11558 Encore Circle
ZIP Code
55343
Business Type
Corporation
Industry (NAICS)
Manufacturing (339112)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$126,000
Rent
$19,058
Health Care
$12,443

Lender Information

Servicing Lender
American Express National Bank
Originating Lender
American Express National Bank

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