1 LIFE INC. (MN) - 2020 PPP Loan Borrower Profile (# 7901138309)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 1 LIFE 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
7901138309
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$25,097
Date Loan was Approved
Jan 28, 2021
Amount Forgiven
$25,306.71
Date Loan was Forgiven
Dec 7, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
25,093
Lender
Security Bank and Trust Company
Business Detail
Business Type
Corporation
NAICS
325411
Borrower Location
Norwood Young America, MN
Project Location
Norwood Young America, 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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