ANN MADLAND (MN) - 2020 PPP Loan Borrower Profile (# 4339917407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANN MADLAND. 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

4339917407

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$2,328

Date Loan was Approved

May 8, 2020

Amount Forgiven

$2,342.41

Date Loan was Forgiven

Dec 22, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

291

Payroll Proced

1,746

Mortgage Interest Proceed

291

Lender

Celtic Bank Corporation

Business Detail

Business Type

Sole Proprietorship

NAICS

711510

Borrower Location

Lanesboro, MN

Project Location

Lanesboro, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.