AMERICAN EAGLE SECURITY SYSTEMS INC (MN) - 2020 PPP Loan Borrower Profile (# 8141638405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN EAGLE SECURITY SYSTEMS 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

8141638405

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$46,900

Date Loan was Approved

Feb 13, 2021

Amount Forgiven

$47,238.72

Date Loan was Forgiven

Nov 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

Payroll Proced

46,897

Lender

First National Bank North

Business Detail

Business Type

Subchapter S Corporation

NAICS

541990

Borrower Location

Grand Rapids, MN

Project Location

Grand Rapids, 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.