ACE ASPHALT INC. (MN) - 2020 PPP Loan Borrower Profile (# 8520398307)

Updated on April 18, 2025.

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

8520398307

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$82,500

Date Loan was Approved

Jan 29, 2021

Amount Forgiven

$83,428.97

Date Loan was Forgiven

Mar 22, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

82,500

Lender

Old National Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

324121

Borrower Location

Osseo, MN

Project Location

Osseo, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.