AMERICAN LEGION BYRON POST 119 (MN) - 2020 PPP Loan Borrower Profile (# 2822987407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN LEGION BYRON POST 119. 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

2822987407

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$17,536.64

Date Loan was Approved

May 6, 2020

Amount Forgiven

$17,638.94

Date Loan was Forgiven

Dec 14, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,000

Payroll Proced

15,000

Rent Proceed

1,536.64

Lender

First Security Bank

Business Detail

Business Type

Non-Profit Organization

NAICS

813410

Borrower Location

BYRON, MN

Project Location

BYRON, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.