A&B CONSTRUCTION OF MN INC (MN) - 2020 PPP Loan Borrower Profile (# 5344087406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A&B CONSTRUCTION OF MN 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

5344087406

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$10,700

Date Loan was Approved

May 12, 2020

Amount Forgiven

$10,741.61

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

10,700

Lender

First Resource Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

212319

Borrower Location

HUGO, MN

Project Location

HUGO, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.