AMERICAN LEGION POST 43 (MN) - 2020 PPP Loan Borrower Profile (# 3323638501)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN LEGION POST 43. 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

3323638501

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$37,682

Date Loan was Approved

Feb 23, 2021

Amount Forgiven

$37,849.48

Date Loan was Forgiven

Aug 6, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

37,678

Lender

The State Bank of Faribault

Business Detail

Business Type

501(c)19 ¿ Non Profit Veterans

NAICS

813410

Borrower Location

Faribault, MN

Project Location

Faribault, MN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.