ALEC'S AUTO LLC (MN) - 2020 PPP Loan Borrower Profile (# 2731248300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALEC'S AUTO 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
2731248300
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$23,887
Date Loan was Approved
Jan 21, 2021
Amount Forgiven
$24,233.2
Date Loan was Forgiven
Jul 13, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
23,885
Lender
SharePoint CU

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
811111
Borrower Location
Lake Saint Croix Beach, MN
Project Location
Lake Saint Croix Beach, MN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
3
Business Age Description
Existing or more than 2 years old
Data Source: SBA.