ACE AG INC (MN) - 2020 PPP Loan Borrower Profile (# 6634757006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE AG 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

6634757006

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$64,390

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$65,339.09

Date Loan was Forgiven

Feb 24, 2022

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

64,390

Lender

Heritage Bank, National Association

Business Detail

Business Type

Corporation

NAICS

811310

Borrower Location

MURDOCK, MN

Project Location

MURDOCK, 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.