A & L POTATO CO INC (MN) - 2020 PPP Loan Borrower Profile (# 7951877005)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to A & L POTATO CO 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

7951877005

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$271,041.55

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$273,603.45

Date Loan was Forgiven

Mar 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

271,041.55

Lender

First Community CU

Business Detail

Business Type

Corporation

NAICS

424480

Borrower Location

EAST GRAND FORKS, MN

Project Location

EAST GRAND FORKS, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.