ALEXANDER MICHAEL PETERSEN (MN) - 2020 PPP Loan Borrower Profile (# 9839538700)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALEXANDER MICHAEL PETERSEN. 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
9839538700
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$20,832.5
Date Loan was Approved
Apr 9, 2021
Amount Forgiven
$20,889
Date Loan was Forgiven
Jul 21, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
20,830.5
Lender
Minnwest Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
111191
Borrower Location
Redwood Falls, MN
Project Location
Redwood Falls, MN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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