As part of the Paycheck Protection Program APPLIED POWER PRODUCTS INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

APPLIED POWER PRODUCTS INC


Loan Amount	$1,750,500
BusinessName	APPLIED POWER PRODUCTS INC
Address	21024 Heron Way
City	LAKEVILLE
State	MN
Zip	55044
NAICSCode	332721
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	160
DateApproved	04/15/2020
Lender	Bremer Bank, National Association
CD	MN-02
BusinessName.clean	APPLIED POWER PRODUCTS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

NEW SOLUTIN HOMECARE SERVICES
NEW SOUTH ASSOCIATES
NEW SOUTH CONSTRUCTION SUPPLY
NEW SOUTH PIZZA
APPLIED PRODUCTS