ABC BUS COMPANIES, INC. (MN) - 2020 PPP Loan Borrower Profile (# 4320708203)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABC BUS COMPANIES, 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

4320708203

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$8,405,965

Date Loan was Approved

Aug 6, 2020

Amount Forgiven

$8,540,226.94

Date Loan was Forgiven

Mar 10, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

8,405,965

Lender

U.S. Bank, National Association

Business Detail

Business Type

Corporation

NAICS

423110

Borrower Location

FARIBAULT, MN

Project Location

FARIBAULT, MN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

313

Business Age Description

Existing or more than 2 years old

Data Source: SBA.