ADAM SIMON (MN) - 2020 PPP Loan Borrower Profile (# 4639797105)

Updated on April 18, 2025.

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

4639797105

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$12,500

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$12,618.75

Date Loan was Forgiven

Apr 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,526

Payroll Proced

7,922

Mortgage Interest Proceed

1,526

Rent Proceed

1,526

Lender

Compeer Financial, ACA

Business Detail

Business Type

Sole Proprietorship

NAICS

111191

Borrower Location

WEBSTER, MN

Project Location

WEBSTER, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.