ADAM MCDONALD (MN) - 2020 PPP Loan Borrower Profile (# 6013998502)

Updated on April 18, 2025.

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

6013998502

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$706

Date Loan was Approved

Mar 2, 2021

Amount Forgiven

$709.96

Date Loan was Forgiven

Sep 24, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

703

Lender

First State Bank of Le Center

Business Detail

Business Type

Sole Proprietorship

NAICS

112111

Borrower Location

Le Sueur, MN

Project Location

Le Sueur, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.