ACCELERATED ELECTRIC LLC (MN) - 2020 PPP Loan Borrower Profile (# 9785298802)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACCELERATED ELECTRIC 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

9785298802

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$4,705

Date Loan was Approved

Apr 23, 2021

Amount Forgiven

$4,723.05

Date Loan was Forgiven

Sep 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

4,705

Lender

Affinity Plus FCU

Business Detail

Business Type

Single Member LLC

NAICS

238210

Borrower Location

Pequot Lakes, MN

Project Location

Pequot Lakes, 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.