AMERICAN FLEXIBLE PRODUCTS, INC. (MN) - 2020 PPP Loan Borrower Profile (# 5732907002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN FLEXIBLE PRODUCTS, 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

5732907002

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$410,910

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$413,364.05

Date Loan was Forgiven

Nov 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,506

Payroll Proced

390,981

Mortgage Interest Proceed

12,423

Lender

Security Bank & Trust Company

Business Detail

Business Type

Subchapter S Corporation

NAICS

339991

Borrower Location

CHASKA, MN

Project Location

CHASKA, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.