1LLC (MN) - 2020 PPP Loan Borrower Profile (# 6280098301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1LLC. 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

6280098301

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$78,373

Date Loan was Approved

Jan 26, 2021

Amount Forgiven

$78,793.85

Date Loan was Forgiven

Aug 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

78,373

Lender

Frandsen Bank & Trust

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

236117

Borrower Location

Duluth, MN

Project Location

Duluth, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.