A AND B CONSTRUCTION INC (MN) - 2020 PPP Loan Borrower Profile (# 9047127004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A AND B CONSTRUCTION INC. 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

9047127004

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$372,800

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$377,542.84

Date Loan was Forgiven

Jul 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

360,350

Rent Proceed

12,450

Lender

Merchants Bank, National Association

Business Detail

Business Type

Corporation

NAICS

238990

Borrower Location

LAKEVILLE, MN

Project Location

LAKEVILLE, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.