As part of the Paycheck Protection Program PHYSICAL ELECTRONICS USA, 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.

PHYSICAL ELECTRONICS USA, INC


Loan Amount	$1,750,000
BusinessName	PHYSICAL ELECTRONICS USA, INC
Address	18725 LAKE DR E
City	CHANHASSEN
State	MN
Zip	55317
NAICSCode	334516
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	84
DateApproved	04/14/2020
Lender	U.S. Bank, National Association
CD	MN-03
BusinessName.clean	PHYSICAL ELECTRONICS USA

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

PHYSICAL MEDICINE AND REHABILITATION OF NEW YORK PC
PHYSICAL SECURITY
PHYSICAL THERAPY ASSOCIATES
1135 MILLERSPORT HIGHWAY
ARROYO VISTA FAMILY HEALTH FOUNDATION