ADVANCED MEDICINE ALTERNATIVES LTD (MN) - 2020 PPP Loan Borrower Profile (# 5073927101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED MEDICINE ALTERNATIVES LTD. 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

5073927101

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$41,600

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$41,812.49

Date Loan was Forgiven

Feb 12, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

41,600

Lender

Old National Bank

Business Detail

Business Type

Corporation

NAICS

621111

Borrower Location

HOPKINS, MN

Project Location

HOPKINS, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.