APPLIED TECHNOLOGY SYSTEMS, LLC (MN) - 2020 PPP Loan Borrower Profile (# 1384797109)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to APPLIED TECHNOLOGY SYSTEMS, LLC. 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
1384797109
SBA Office Code
0508
Processing Method
PPP
Curent Loan Amount
$86,700
Date Loan was Approved
Apr 10, 2020
Amount Forgiven
$87,410.23
Date Loan was Forgiven
Feb 17, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
500
Payroll Proced
83,700
Mortgage Interest Proceed
2,500
Lender
Bridgewater Bank

Business Detail

Business Type
Corporation
NAICS
334112
Borrower Location
MINNEAPOLIS, MN
Project Location
MINNEAPOLIS, MN
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
Yes
Jobs Reported
12
Business Age Description
New Business or 2 years or less
Data Source: SBA.