ALMA CONSTRUCTION INCORPORATED (MN) - 2020 PPP Loan Borrower Profile (# 2258338503)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ALMA CONSTRUCTION INCORPORATED. 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

2258338503

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$9,167

Date Loan was Approved

Feb 20, 2021

Amount Forgiven

$9,214.72

Date Loan was Forgiven

Sep 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

9,167

Lender

Frandsen Bank & Trust

Business Detail

Business Type

Subchapter S Corporation

NAICS

236115

Borrower Location

Northfield, MN

Project Location

Northfield, MN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.