ALCORP, INC (MN) - 2020 PPP Loan Borrower Profile (# 6224797309)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALCORP, 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

6224797309

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$155,900

Date Loan was Approved

Apr 30, 2020

Amount Forgiven

$157,224.08

Date Loan was Forgiven

Mar 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

155,900

Lender

Bremer Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

522320

Borrower Location

ANDOVER, MN

Project Location

ANDOVER, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.