AERO SERVICE GROUP, INC. (MN) - 2020 PPP Loan Borrower Profile (# 4933677105)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AERO SERVICE GROUP, 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

4933677105

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$687,812.5

Date Loan was Approved

Apr 13, 2020

Amount Forgiven

$694,060.13

Date Loan was Forgiven

Mar 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,376

Payroll Proced

531,905

Rent Proceed

136,185

Health Care Proceed

18,346.5

Lender

Security Bank & Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

722310

Borrower Location

ST. LOUIS PARK, MN

Project Location

ST. LOUIS PARK, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.