ABSIYE MOHAMED (MN) - 2020 PPP Loan Borrower Profile (# 8727879008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ABSIYE MOHAMED. 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
8727879008
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$20,832
Date Loan was Approved
May 28, 2021
Amount Forgiven
$20,894.5
Date Loan was Forgiven
Sep 20, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
20,827
Lender
The Enterprise Center Capital Corporation

Business Detail

Business Type
Independent Contractors
NAICS
484121
Borrower Location
Faribault, MN
Project Location
Faribault, MN
Rural/Urban
Urban
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.