1300 NICOLLET, L.L.C. (MN) - 2020 PPP Loan Borrower Profile (# 6302207401)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1300 NICOLLET, L.L.C.. 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

6302207401

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$3,211,300

Date Loan was Approved

May 14, 2020

Amount Forgiven

$3,246,624.3

Date Loan was Forgiven

Jun 23, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

321,130

Payroll Proced

2,408,475

Rent Proceed

481,695

Lender

Village Bank and Trust, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

MINNEAPOLIS, MN

Project Location

MINNEAPOLIS, MN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

228

Business Age Description

Existing or more than 2 years old

Data Source: SBA.