ADAM MCCOLLUM (MN) - 2020 PPP Loan Borrower Profile (# 2113017406)

Updated on April 18, 2025.

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

2113017406

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$3,900

Date Loan was Approved

May 5, 2020

Amount Forgiven

$3,920.41

Date Loan was Forgiven

Nov 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

3,900

Lender

Ultima Bank Minnesota

Business Detail

Business Type

Sole Proprietorship

NAICS

111199

Borrower Location

BEJOU, MN

Project Location

BEJOU, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.