AG RESOURCE SAFETY (MN) - 2020 PPP Loan Borrower Profile (# 5299387903)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AG RESOURCE SAFETY. 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

5299387903

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$20,800

Date Loan was Approved

Jun 15, 2020

Amount Forgiven

$20,918.44

Date Loan was Forgiven

Jan 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

1,040

Payroll Proced

15,600

Mortgage Interest Proceed

2,080

Rent Proceed

2,080

Lender

Northwestern Bank, National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

541690

Borrower Location

GLYNDON, MN

Project Location

GLYNDON, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.