ALEX J. LAURY (MN) - 2020 PPP Loan Borrower Profile (# 7406117201)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALEX J. LAURY. 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

7406117201

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$11,987

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$12,052.6

Date Loan was Forgiven

Nov 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

8,852

Mortgage Interest Proceed

1,135

Lender

First National Bank

Business Detail

Business Type

Independent Contractors

NAICS

524210

Borrower Location

AUSTIN, MN

Project Location

AUSTIN, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.