1898 MANAGEMENT LLC (MN) - 2020 PPP Loan Borrower Profile (# 3072238406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1898 MANAGEMENT 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

3072238406

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$567,000

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$570,402

Date Loan was Forgiven

Sep 17, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

566,994

Lender

Platinum Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Deerwood, MN

Project Location

Deerwood, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

137

Business Age Description

Existing or more than 2 years old

Data Source: SBA.