Pellco Machine, Inc.

$417,780 PPP Loan in Saint Michael, Minnesota

Loan Details

Loan Number
8675657104
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$417,780
Current Approval
$417,780
Forgiveness Amount
$420,461
Forgiveness Date
Dec 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Pellco Machine, Inc.
Address
4185 Mackenzie Ct NE
ZIP Code
55376-4568
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.1M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$334,224
Utilities
$41,778
Mortgage Interest
$41,778

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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