As part of the Paycheck Protection Program BEN FRANKLIN ELECTRIC, 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.

BEN FRANKLIN ELECTRIC, INC


Loan Amount	$878,000
BusinessName	BEN FRANKLIN ELECTRIC, INC
Address	12401 Washburn Avenue South
City	BURNSVILLE
State	MN
Zip	55337
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	50
DateApproved	04/10/2020
Lender	Old National Bank
CD	MN-02
BusinessName.clean	BEN FRANKLIN ELECTRIC

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.

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BEN LOMAND RURAL TELEPHONE COOPERATIVE
BEN TIRE DISTRIBUTORS LTD
BENS PAINT SUPPLY
BENADA ALUMINUM PRODUCTS