1 STOP 4 PROMOS, INC. (MN) - 2020 PPP Loan Borrower Profile (# 9058957404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1 STOP 4 PROMOS, 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

9058957404

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$5,377

Date Loan was Approved

May 19, 2020

Amount Forgiven

$5,411.5

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

5,377

Lender

U.S. Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

541870

Borrower Location

CORCORAN, MN

Project Location

CORCORAN, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.