ALBERTSON CONSTRUCTION INC (MN) - 2020 PPP Loan Borrower Profile (# 3537378501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERTSON CONSTRUCTION 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

3537378501

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$11,470

Date Loan was Approved

Feb 24, 2021

Amount Forgiven

$11,543.85

Date Loan was Forgiven

Oct 25, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

11,470

Lender

Lake Elmo Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238110

Borrower Location

Stillwater, MN

Project Location

Stillwater, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.