ACAPULCO OF NEW BRIGHTON INC (MN) - 2020 PPP Loan Borrower Profile (# 8354637010)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACAPULCO OF NEW BRIGHTON 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

8354637010

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$98,000

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$98,715.94

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

6,125

Payroll Proced

73,500

Mortgage Interest Proceed

6,125

Rent Proceed

6,125

Health Care Proceed

6,125

Lender

MidWestOne Bank

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

SAINT PAUL, MN

Project Location

SAINT PAUL, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.