5 ACRE FARM LLC (MN) - 2020 PPP Loan Borrower Profile (# 4848448805)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5 ACRE FARM 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

4848448805

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$2,587

Date Loan was Approved

Apr 16, 2021

Amount Forgiven

$2,593.45

Date Loan was Forgiven

Jul 21, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

2,585

Lender

Janesville State Bank

Business Detail

Business Type

Single Member LLC

NAICS

112990

Borrower Location

Saint James, MN

Project Location

Saint James, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.