APPLIED MEMBRANE TECHNOLOGY INC. (MN) - 2020 PPP Loan Borrower Profile (# 8981948309)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to APPLIED MEMBRANE TECHNOLOGY INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.
You can see similar information for other borrowers in Minnesota.
Loan Detail
Loan Number
8981948309
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$128,500
Date Loan was Approved
Jan 30, 2021
Amount Forgiven
$129,006.96
Date Loan was Forgiven
Jul 6, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
128,497
Lender
Readycap Lending, LLC
Business Detail
Business Type
Corporation
NAICS
339112
Borrower Location
Minnetonka, MN
Project Location
Minnetonka, MN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
7
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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