ANCONA ESCROW, INC. (MN) - 2020 PPP Loan Borrower Profile (# 1644207300)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANCONA ESCROW, INC.. 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

1644207300

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$900,742

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$905,208.69

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

45,037

Payroll Proced

675,557

Mortgage Interest Proceed

90,074

Health Care Proceed

90,074

Lender

Frandsen Bank & Trust

Business Detail

Business Type

Subchapter S Corporation

NAICS

524127

Borrower Location

WHITE BEAR LAKE, MN

Project Location

WHITE BEAR LAKE, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.