AMUNDSON ACRES LLC (MN) - 2020 PPP Loan Borrower Profile (# 3065418708)

Updated on April 18, 2025.

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

3065418708

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$29,042

Date Loan was Approved

Mar 30, 2021

Amount Forgiven

$29,170.27

Date Loan was Forgiven

Sep 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

29,038

Lender

First Farmers & Merchants Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

111150

Borrower Location

Zumbrota, MN

Project Location

Zumbrota, 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.