715 HOT HEADS (MN) - 2020 PPP Loan Borrower Profile (# 4290387303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 715 HOT HEADS. 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

4290387303

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$11,200

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$11,257.87

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

112

Payroll Proced

8,288

Mortgage Interest Proceed

1,120

Rent Proceed

1,680

Lender

Northwestern Bank, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

812112

Borrower Location

FERGUS FALLS, MN

Project Location

FERGUS FALLS, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.