AIR RITE MECHANICAL SYSTEMS (MN) - 2020 PPP Loan Borrower Profile (# 3584149000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIR RITE MECHANICAL SYSTEMS. 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

3584149000

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$44,300

Date Loan was Approved

May 18, 2021

Amount Forgiven

$44,542.74

Date Loan was Forgiven

Dec 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

44,296

Lender

BMO Bank National Association

Business Detail

Business Type

Sole Proprietorship

NAICS

238220

Borrower Location

Apple Valley, MN

Project Location

Apple Valley, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.