ALLEN BAERG (MN) - 2020 PPP Loan Borrower Profile (# 2032127304)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALLEN BAERG. 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
2032127304
SBA Office Code
0508
Processing Method
PPP
Curent Loan Amount
$2,900
Date Loan was Approved
Apr 29, 2020
Amount Forgiven
$2,918.61
Date Loan was Forgiven
Dec 22, 2020
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
2,900
Lender
Bank Midwest
Business Detail
Business Type
Sole Proprietorship
NAICS
111199
Borrower Location
WINDOM, MN
Project Location
WINDOM, MN
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.