AC FARMS LLC (MN) - 2020 PPP Loan Borrower Profile (# 3944898610)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AC FARMS LLC. 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

3944898610

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$23,364

Date Loan was Approved

Mar 17, 2021

Amount Forgiven

$23,458.1

Date Loan was Forgiven

Aug 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

23,362

Lender

Compeer Financial, ACA

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

111191

Borrower Location

New Richland, MN

Project Location

New Richland, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.