ACCTECH INCORPORATED (MN) - 2020 PPP Loan Borrower Profile (# 6960707106)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACCTECH INCORPORATED. 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

6960707106

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$14,700

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$14,804.94

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

740

Payroll Proced

11,769

Rent Proceed

2,191

Lender

Merchants Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

541211

Borrower Location

ROSEMOUNT, MN

Project Location

ROSEMOUNT, MN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.