PPP borrower record

POWER PROCESS EQUIPMENT INC PPP loan record

Public SBA PPP loan record for POWER PROCESS EQUIPMENT INC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$672,200
Approved amount
$676,252
Forgiven amount
2020-04-10
Date approved

Borrower and loan details

Borrower
POWER PROCESS EQUIPMENT INC
Loan number
1332957107
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Chanhassen
Borrower state
Minnesota
Borrower ZIP
55317
Jobs reported
38
Loan status
Paid in Full
Forgiveness date
2020-11-23
Servicing lender
Minnesota Bank & Trust
Originating lender
Minnesota Bank & Trust

Reported use of proceeds

Payroll
$672,200
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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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.
POWER PROCESS EQUIPMENT INC PPP Loan Record | PPP Loan Map