AMERICAN ENERGY, LLC (MN) - 2020 PPP Loan Borrower Profile (# 3488027410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN ENERGY, LLC. 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

3488027410

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$27,150

Date Loan was Approved

May 7, 2020

Amount Forgiven

$27,330.75

Date Loan was Forgiven

Jan 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

21,735

Mortgage Interest Proceed

3,415

Lender

Manufacturers Bank and Trust Company

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238210

Borrower Location

BLOOMING PRAIRIE, MN

Project Location

BLOOMING PRAIRIE, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.