AGASSIZ FARMS LLC (MN) - 2020 PPP Loan Borrower Profile (# 2353057101)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AGASSIZ FARMS 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

2353057101

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$39,315

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$39,569.2

Date Loan was Forgiven

Dec 9, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

9,829

Payroll Proced

29,486

Lender

Northern State Bank of Thief River Falls

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

111199

Borrower Location

GOODRIDGE, MN

Project Location

GOODRIDGE, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.