AMERICAN ARTSTONE COMPANY (MN) - 2020 PPP Loan Borrower Profile (# 5390517002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN ARTSTONE COMPANY. 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

5390517002

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$270,870

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$272,866.27

Date Loan was Forgiven

Jan 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

270,870

Lender

Frandsen Bank & Trust

Business Detail

Business Type

Corporation

NAICS

327390

Borrower Location

NEW ULM, MN

Project Location

NEW ULM, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.