ABHE & SVOBODA, INC. (MN) - 2020 PPP Loan Borrower Profile (# 7060797001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABHE & SVOBODA, 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

7060797001

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$2,828,700

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$2,862,251.52

Date Loan was Forgiven

Jun 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

45,000

Payroll Proced

2,498,700

Rent Proceed

270,000

Debt Interest Proceed

15,000

Lender

Deerwood Bank

Business Detail

Business Type

Corporation

NAICS

238320

Borrower Location

JORDAN, MN

Project Location

JORDAN, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

126

Business Age Description

Existing or more than 2 years old

Data Source: SBA.