ADA-FELTON COUNTRY STORE (MN) - 2020 PPP Loan Borrower Profile (# 4954717310)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADA-FELTON COUNTRY STORE. 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

4954717310

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$40,447

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$40,867.2

Date Loan was Forgiven

May 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

40,447

Lender

BMO Bank National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

453998

Borrower Location

Felton, MN

Project Location

Felton, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.