PPP borrower record
ACME ELECTRIC MOTOR, INC. PPP loan record
Public SBA PPP loan record for ACME ELECTRIC MOTOR, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$5,504,900
Approved amount
N/A
Forgiven amount
2020-04-27
Date approved
Borrower and loan details
Borrower
ACME ELECTRIC MOTOR, INC.
Loan number
5980737205
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Grand Forks
Borrower state
North Dakota
Borrower ZIP
58203
Jobs reported
473
Loan status
Exemption 4
Forgiveness date
N/A
Servicing lender
Alerus Financial, National Association
Originating lender
Alerus Financial, National Association
Reported use of proceeds
Payroll
$4,128,675
Rent
$688,112
Utilities
$688,113
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.