ADVANCED INTERCONNECT TECHNOLOGIES LLC (MN) - 2020 PPP Loan Borrower Profile (# 5884107008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED INTERCONNECT TECHNOLOGIES LLC. 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

5884107008

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$20,833

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$21,036.76

Date Loan was Forgiven

Apr 6, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

866

Payroll Proced

16,667

Mortgage Interest Proceed

3,300

Lender

Stearns Bank National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

332710

Borrower Location

SARTELL, MN

Project Location

SARTELL, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.