A & C AUTOMOTIVE & MACHINE INC (MN) - 2020 PPP Loan Borrower Profile (# 1593357200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & C AUTOMOTIVE & MACHINE 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

1593357200

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$34,157

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$34,401.25

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

34,157

Lender

Associated Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

811111

Borrower Location

NORTH BRANCH, MN

Project Location

NORTH BRANCH, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.