ABDI JAMA (MN) - 2020 PPP Loan Borrower Profile (# 5870009004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABDI JAMA. 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

5870009004

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$18,125

Date Loan was Approved

May 22, 2021

Amount Forgiven

$18,208.58

Date Loan was Forgiven

Nov 17, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

18,122

Lender

Prestamos CDFI, LLC

Business Detail

Business Type

Sole Proprietorship

NAICS

485310

Borrower Location

Shakopee, MN

Project Location

Shakopee, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.