ACKERMAN FARMS (MN) - 2020 PPP Loan Borrower Profile (# 6661107201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACKERMAN FARMS. 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

6661107201

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$16,325.92

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$16,479.2

Date Loan was Forgiven

Apr 15, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

16,325.92

Lender

Compeer Financial, ACA

Business Detail

Business Type

Partnership

NAICS

112120

Borrower Location

South Rapids, MN

Project Location

South Rapids, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.