POWER PROCESS EQUIPMENT INC

Summary of PPP (Paycheck Protection Program) Loan approved to POWER PROCESS EQUIPMENT INC by Minnesota Bank & Trust. The loan was approved on 4/10/2020 in the range of $350,000-1 million.

Business Information

Name:

POWER PROCESS EQUIPMENT INC

1660 LAKE DRIVE W
CHANHASSEN, MN 55317
Business type: Subchapter S Corporation
Merchant Wholesalers, Durable Goods
→ Industrial Machinery and Equipment Merchant Wholesalers
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 10, 2020
Lender Minnesota Bank & Trust

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.