A&C LUMBER, INC. (MN) - 2020 PPP Loan Borrower Profile (# 7600907010)

Updated on April 18, 2025.

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

7600907010

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$32,582

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$32,975.7

Date Loan was Forgiven

Jun 24, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

32,582

Lender

TruStar FCU

Business Detail

Business Type

Corporation

NAICS

423310

Borrower Location

Park Rapids, MN

Project Location

Park Rapids, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.