PPP Loan information for Physical electronics usa, inc.

$1,750,000

Physical electronics usa, inc. was initially approved for PPP Loan of amount $1,750,000, the current approved amount is $1,750,000. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 84 jobs and $1,750,000 was used to fund payroll.

Physical electronics usa, inc. is Existing or more than 2 years old

PHYSICAL ELECTRONICS USA, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PHYSICAL ELECTRONICS USA, INC.

Borrower Address

18725 LAKE DR E

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1750000.00

Current Approval Amount

1750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANHASSEN

Project County Name

CARVER

Project State

MN

Project Zip

55317-0001

CD

MN-06

Jobs Reported

84

NAICS Code

334516

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1750000.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1761763.89

Forgiveness Date

12/15/2020

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