AG DRAINAGE SOLUTIONS INC. (MN) - 2020 PPP Loan Borrower Profile (# 1110398607)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AG DRAINAGE SOLUTIONS 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

1110398607

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$1,507

Date Loan was Approved

Mar 12, 2021

Amount Forgiven

$1,514.45

Date Loan was Forgiven

Sep 10, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,505

Lender

Bank Midwest

Business Detail

Business Type

Corporation

NAICS

238910

Borrower Location

Fulda, MN

Project Location

Fulda, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.