ADVANCED PROPERTY INSPECTIONS INC (MN) - 2020 PPP Loan Borrower Profile (# 4451057104)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED PROPERTY INSPECTIONS 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

4451057104

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$13,400

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$13,534.37

Date Loan was Forgiven

Apr 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,340

Mortgage Interest Proceed

10,720

Rent Proceed

1,340

Lender

Lake Region Bank

Business Detail

Business Type

Corporation

NAICS

541350

Borrower Location

NEW LONDON, MN

Project Location

NEW LONDON, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.