ABDISAMAD FARAH (MN) - 2020 PPP Loan Borrower Profile (# 4691897402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABDISAMAD FARAH. 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

4691897402

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$2,133.75

Date Loan was Approved

May 10, 2020

Amount Forgiven

$2,158.07

Date Loan was Forgiven

Jul 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

266.72

Payroll Proced

1,600.31

Mortgage Interest Proceed

266.72

Lender

Celtic Bank Corporation

Business Detail

Business Type

Self-Employed Individuals

NAICS

485320

Borrower Location

Minneapolis, MN

Project Location

Minneapolis, MN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.