AIRTEX DESIGN GROUP, INC. (MN) - 2020 PPP Loan Borrower Profile (# 7015917306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIRTEX DESIGN GROUP, 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

7015917306

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$779,600

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$785,644.57

Date Loan was Forgiven

Feb 19, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

77,960

Payroll Proced

584,700

Mortgage Interest Proceed

116,940

Lender

Frandsen Bank & Trust

Business Detail

Business Type

Corporation

NAICS

541490

Borrower Location

MINNEAPOLIS, MN

Project Location

MINNEAPOLIS, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.