AMERICAN PEAT TECHNOLOGY, LLC (MN) - 2020 PPP Loan Borrower Profile (# 6996857009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN PEAT TECHNOLOGY, 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

6996857009

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$633,000

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$636,815.34

Date Loan was Forgiven

Nov 20, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

633,000

Lender

Bremer Bank, National Association

Business Detail

Business Type

Partnership

NAICS

212399

Borrower Location

AITKIN, MN

Project Location

AITKIN, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.