ANDERSON ENGINEERING OF NEW PRAGUE, INC. (MN) - 2020 PPP Loan Borrower Profile (# 9436787007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANDERSON ENGINEERING OF NEW PRAGUE, 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

9436787007

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$173,187

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$174,341.58

Date Loan was Forgiven

Dec 15, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

987

Payroll Proced

129,900

Rent Proceed

42,300

Lender

Minnwest Bank

Business Detail

Business Type

Corporation

NAICS

541330

Borrower Location

NEW PRAGUE, MN

Project Location

NEW PRAGUE, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.