ABDO PUBLISHING COMPANY, INC. (MN) - 2020 PPP Loan Borrower Profile (# 2071987100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABDO PUBLISHING COMPANY, 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

2071987100

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$903,700

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$910,805.81

Date Loan was Forgiven

Jan 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

28,700

Payroll Proced

800,000

Rent Proceed

75,000

Lender

Magnifi Financial CU

Business Detail

Business Type

Corporation

NAICS

511130

Borrower Location

NORTH MANKATO, MN

Project Location

NORTH MANKATO, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.