ADVANCED WOOD FLOORING INC. (MN) - 2020 PPP Loan Borrower Profile (# 4747878501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED WOOD FLOORING 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

4747878501

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$14,422

Date Loan was Approved

Feb 26, 2021

Amount Forgiven

$14,508.14

Date Loan was Forgiven

Oct 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

14,422

Lender

Bremer Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

238330

Borrower Location

Rice, MN

Project Location

Rice, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.