1MICRO, LLC (MN) - 2020 PPP Loan Borrower Profile (# 5255407001)

Updated on April 18, 2025.

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

5255407001

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$441,131.88

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$446,147.49

Date Loan was Forgiven

Jun 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

441,131.88

Lender

North American Banking Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

334111

Borrower Location

Waconia, MN

Project Location

Waconia, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.