ABEL WEST (MN) - 2020 PPP Loan Borrower Profile (# 2931088403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABEL WEST. 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

2931088403

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$20,833

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$21,011.65

Date Loan was Forgiven

Dec 16, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

20,831

Lender

Perennial Bank

Business Detail

Business Type

Self-Employed Individuals

NAICS

111110

Borrower Location

Darwin, MN

Project Location

Darwin, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.