ANNANDALE MARKETPLACE, INC (MN) - 2020 PPP Loan Borrower Profile (# 8605957007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ANNANDALE MARKETPLACE, 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

8605957007

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$322,200

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$326,182.75

Date Loan was Forgiven

Jul 7, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

322,200

Lender

Lake Central Bank

Business Detail

Business Type

Sole Proprietorship

NAICS

445110

Borrower Location

ANNANDALE, MN

Project Location

ANNANDALE, MN

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.