1ST AVE. PICTURE FRAMING LLC (MN) - 2020 PPP Loan Borrower Profile (# 4871418805)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST AVE. PICTURE FRAMING 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

4871418805

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$8,845

Date Loan was Approved

Apr 16, 2021

Amount Forgiven

$8,870.93

Date Loan was Forgiven

Aug 12, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

8,842

Lender

Frandsen Bank & Trust

Business Detail

Business Type

Single Member LLC

NAICS

453998

Borrower Location

Shakopee, MN

Project Location

Shakopee, MN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.