AMERICAN LEGION POST 2 (MN) - 2020 PPP Loan Borrower Profile (# 1281408308)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN LEGION POST 2. 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

1281408308

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$18,000

Date Loan was Approved

Jan 16, 2021

Amount Forgiven

$18,070.5

Date Loan was Forgiven

Jun 14, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

17,997

Lender

Prime Security Bank

Business Detail

Business Type

501(c)19 ¿ Non Profit Veterans

NAICS

813410

Borrower Location

Shakopee, MN

Project Location

Shakopee, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.