1320 INSURANCE ADVISORS (MN) - 2020 PPP Loan Borrower Profile (# 7206807202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1320 INSURANCE ADVISORS. 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

7206807202

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$6,430

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$6,506.1

Date Loan was Forgiven

Jul 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

6,430

Lender

BMO Bank National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

524114

Borrower Location

ANDOVER, MN

Project Location

ANDOVER, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.