ACUTEC (MN) - 2020 PPP Loan Borrower Profile (# 6202167002)

Updated on April 18, 2025.

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

6202167002

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$8,162

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$8,200.09

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

8,162

Lender

The First National Bank of Bemidji

Business Detail

Business Type

Sole Proprietorship

NAICS

332312

Borrower Location

SAINT MICHAEL, MN

Project Location

SAINT MICHAEL, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.