AMERITEL LLC (MN) - 2020 PPP Loan Borrower Profile (# 7593697107)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERITEL 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

7593697107

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$37,990

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$38,348.79

Date Loan was Forgiven

Mar 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

37,990

Lender

U.S. Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

517919

Borrower Location

MENDOTA HTS, MN

Project Location

MENDOTA HTS, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.