APPLAUSE INCORPORATED (MN) - 2020 PPP Loan Borrower Profile (# 8336577404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APPLAUSE INCORPORATED. 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

8336577404

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$2,625

Date Loan was Approved

May 18, 2020

Amount Forgiven

$2,650.82

Date Loan was Forgiven

May 13, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

2,625

Lender

Wells Fargo Bank, National Association

Business Detail

Business Type

Corporation

NAICS

611430

Borrower Location

SHAKOPEE, MN

Project Location

SHAKOPEE, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.