428 NORTH WASHINGTON AVENUE LLC (MN) - 2020 PPP Loan Borrower Profile (# 2526338402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 428 NORTH WASHINGTON AVENUE 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
2526338402
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$105,530
Date Loan was Approved
Feb 3, 2021
Amount Forgiven
$106,865.75
Date Loan was Forgiven
May 16, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
105,526
Lender
Park State Bank

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
722511
Borrower Location
Wayzata, MN
Project Location
Wayzata, MN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
48
Business Age Description
Existing or more than 2 years old
Data Source: SBA.