ACE OF SOUTHWEST MINNESOTA (MN) - 2020 PPP Loan Borrower Profile (# 1065337310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACE OF SOUTHWEST MINNESOTA. 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

1065337310

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$61,600

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$61,991.54

Date Loan was Forgiven

Dec 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

61,600

Lender

Minnwest Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

624120

Borrower Location

SLAYTON, MN

Project Location

SLAYTON, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.