ACM. LLC (MN) - 2020 PPP Loan Borrower Profile (# 6555337000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACM. LLC. 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

6555337000

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$319,000

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$322,606.47

Date Loan was Forgiven

May 27, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,750

Payroll Proced

250,000

Mortgage Interest Proceed

3,000

Rent Proceed

48,750

Health Care Proceed

7,000

Debt Interest Proceed

7,500

Lender

First Citizens Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

237130

Borrower Location

PRINCETON, MN

Project Location

PRINCETON, 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.