ALAN LEE (MN) - 2020 PPP Loan Borrower Profile (# 7355508609)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALAN LEE. 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

7355508609

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$18,600

Date Loan was Approved

Mar 23, 2021

Amount Forgiven

$18,644.84

Date Loan was Forgiven

Jun 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

18,596

Lender

Ultima Bank Minnesota

Business Detail

Business Type

Sole Proprietorship

NAICS

112112

Borrower Location

Plummer, MN

Project Location

Plummer, 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.