ADAM ROUTH (MN) - 2020 PPP Loan Borrower Profile (# 7751588406)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADAM ROUTH. 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
7751588406
SBA Office Code
0508
Processing Method
PPP
Curent Loan Amount
$7,838
Date Loan was Approved
Feb 12, 2021
Amount Forgiven
$7,901.57
Date Loan was Forgiven
Dec 9, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
7,836
Lender
State Bank of New Richland
Business Detail
Business Type
Sole Proprietorship
NAICS
111998
Borrower Location
New Richland, MN
Project Location
New Richland, MN
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.