AMARX INC. (MN) - 2020 PPP Loan Borrower Profile (# 1981148303)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMARX INC.. 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

1981148303

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$214,893

Date Loan was Approved

Jan 20, 2021

Amount Forgiven

$215,946.86

Date Loan was Forgiven

Jul 27, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

214,889

Lender

Citizens Bank & Trust Co

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

Borrower Location

Marshall, MN

Project Location

Marshall, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.