AMPLIFIED ELECTRIC INCORPORATED (MN) - 2020 PPP Loan Borrower Profile (# 3047747103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMPLIFIED ELECTRIC INCORPORATED. 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

3047747103

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$35,300

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$35,536.95

Date Loan was Forgiven

Dec 17, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

35,300

Lender

The Bank of Elk River

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

ZIMMERMAN, MN

Project Location

ZIMMERMAN, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.