AMY LAUE (MN) - 2020 PPP Loan Borrower Profile (# 1720408300)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to AMY LAUE. 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
1720408300
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$8,500
Date Loan was Approved
Jan 19, 2021
Amount Forgiven
$8,550.07
Date Loan was Forgiven
Sep 1, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
8,498
Lender
Cherokee State Bank
Business Detail
Business Type
Self-Employed Individuals
NAICS
446120
Borrower Location
Fairmont, MN
Project Location
Fairmont, MN
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.