AEROSPACE FABRICATION & MATERIALS, LLC (MN) - 2020 PPP Loan Borrower Profile (# 9517037007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AEROSPACE FABRICATION & MATERIALS, 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

9517037007

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$680,140

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$684,107.48

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,000

Payroll Proced

510,104

Rent Proceed

160,036

Lender

Minnwest Bank

Business Detail

Business Type

Corporation

NAICS

336411

Borrower Location

FARMINGTON, MN

Project Location

FARMINGTON, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.