AMD DISTRIBUTION INC (MN) - 2020 PPP Loan Borrower Profile (# 5941647003)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMD DISTRIBUTION 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

5941647003

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$551,450

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$555,800.33

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

551,450

Lender

Home Federal Savings Bank

Business Detail

Business Type

Corporation

NAICS

423310

Borrower Location

SPRING VALLEY, MN

Project Location

SPRING VALLEY, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.