AARON SCHMIDT (MN) - 2020 PPP Loan Borrower Profile (# 4126227408)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AARON SCHMIDT. 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
4126227408
SBA Office Code
0508
Processing Method
PPP
Curent Loan Amount
$4,215
Date Loan was Approved
May 8, 2020
Amount Forgiven
$4,243.06
Date Loan was Forgiven
Jan 7, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
4,215
Lender
Prairie Sun Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
111199
Borrower Location
Benson, MN
Project Location
Benson, MN
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.