ADVANCED DESIGN AWNINGS & SIGNS INC. (MN) - 2020 PPP Loan Borrower Profile (# 3276798608)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ADVANCED DESIGN AWNINGS & SIGNS INC.. 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
3276798608
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$92,446
Date Loan was Approved
Mar 16, 2021
Amount Forgiven
$92,914.56
Date Loan was Forgiven
Sep 28, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
92,443
Lender
Frandsen Bank & Trust
Business Detail
Business Type
Corporation
NAICS
339950
Borrower Location
Cloquet, MN
Project Location
Cloquet, MN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
13
Business Age Description
Existing or more than 2 years old
Data Source: SBA.