PPP Loan information for Passive components & laser works inc

$83,520

Passive components & laser works inc was initially approved for PPP Loan of amount $83,520, the current approved amount is $83,520. The loan was approved on 01/26/2021 by The Sherburne State Bank reported 7 jobs and $83,520 was used to fund payroll.

Passive components & laser works inc is Existing or more than 2 years old

PPP Loan Search / MN / Becker / Passive components & laser works inc

PASSIVE COMPONENTS & LASER WORKS INC

Date Approved

01/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

PASSIVE COMPONENTS & LASER WORKS INC

Borrower Address

14095 Prosperity Ave

Borrower City

Becker

Borrower State

MN

Borrower Zip

55308-8830

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83520.00

Current Approval Amount

83520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38878

Servicing Lender Name

Sherburne State Bank

Servicing Lender Address

12500 Sherburne Ave

Servicing Lender City

BECKER

Servicing Lender State

MN

Servicing Lender Zip

55308

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Becker

Project County Name

SHERBURNE

Project State

MN

Project Zip

55308-8830

CD

MN-06

Jobs Reported

7

NAICS Code

325510

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

83518.00

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

Subchapter S Corporation

Originating Lender Location Id

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

83986.32

Forgiveness Date

08/25/2021

;