ALBRECHT BUILDING & REMODELING LLC (MN) - 2020 PPP Loan Borrower Profile (# 8212958601)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALBRECHT BUILDING & REMODELING LLC. 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

8212958601

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$39,100

Date Loan was Approved

Mar 24, 2021

Amount Forgiven

$39,480.29

Date Loan was Forgiven

Mar 16, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

39,097

Lender

The Bank of Elk River

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

236118

Borrower Location

Elk River, MN

Project Location

Elk River, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.