1ST CHOICE HOME IMPROVEMENTS LLC (MN) - 2020 PPP Loan Borrower Profile (# 1120767107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1ST CHOICE HOME IMPROVEMENTS 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

1120767107

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$120,200

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$121,114.86

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,512.5

Payroll Proced

90,150

Mortgage Interest Proceed

7,512.5

Rent Proceed

7,512.5

Health Care Proceed

7,512.5

Lender

MidWestOne Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

236118

Borrower Location

STILLWATER, MN

Project Location

STILLWATER, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.