PPP Loan information for Engineered propulsion systems inc

$435,600

Engineered propulsion systems inc was initially approved for PPP Loan of amount $435,600, the current approved amount is $435,600. The loan was approved on 04/14/2020 by The Bremer Bank, National Association reported 30 jobs and $435,600 was used to fund payroll.

Engineered propulsion systems inc is Existing or more than 2 years old

PPP Loan Search / WI / NEW RICHMOND / Engineered propulsion systems inc

ENGINEERED PROPULSION SYSTEMS INC

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ENGINEERED PROPULSION SYSTEMS INC

Borrower Address

625 West Hangar Road Hangar 11-16

Borrower City

NEW RICHMOND

Borrower State

WI

Borrower Zip

54017

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

435600.00

Current Approval Amount

435600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NEW RICHMOND

Project County Name

SAINT CROIX

Project State

WI

Project Zip

54017-0001

CD

WI-07

Jobs Reported

30

NAICS Code

336412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

435600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

439800.85

Forgiveness Date

04/08/2021

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