ALBERTSSON HANSEN ARCHITECTURE LTD. (MN) - 2020 PPP Loan Borrower Profile (# 2881398610)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBERTSSON HANSEN ARCHITECTURE LTD.. 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

2881398610

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$185,000

Date Loan was Approved

Mar 15, 2021

Amount Forgiven

$185,831.23

Date Loan was Forgiven

Aug 30, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

184,996

Lender

The Bank of Elk River

Business Detail

Business Type

Corporation

NAICS

541320

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.