S.j. Electro System, Inc.
$5,442,800 PPP Loan in Detroit Lakes, Minnesota
Loan Details
- Loan Number
- 9824137002
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,442,800
- Current Approval
- $5,442,800
- Forgiveness Amount
- $5,505,728
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- S.j. Electro System, Inc.
- Address
- 22650 County Highway 6
- City
- Detroit Lakes
- State
- Minnesota
- ZIP Code
- 56501
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (334514)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 339
- Estimated Revenue
- $88.8M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $5,442,800
Lender Information
- Servicing Lender
- Bremer Bank, National Association
- Originating Lender
- Bremer Bank, National Association
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