ALLAN MERKEL (MN) - 2020 PPP Loan Borrower Profile (# 4856497410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALLAN MERKEL. 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

4856497410

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$14,356.25

Date Loan was Approved

May 11, 2020

Amount Forgiven

$14,465.12

Date Loan was Forgiven

Feb 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

14,356.25

Lender

Compeer Financial, ACA

Business Detail

Business Type

Self-Employed Individuals

NAICS

112210

Borrower Location

SLEEPY EYE, MN

Project Location

SLEEPY EYE, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Unanswered

Data Source: SBA.