ARCADE CONCRETE CONSTRUCTION INC. (MN) - 2020 PPP Loan Borrower Profile (# 9025917004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCADE CONCRETE CONSTRUCTION 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

9025917004

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$45,700

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$45,974.03

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

45,700

Lender

Farmers & Merchants Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238140

Borrower Location

HUGO, MN

Project Location

HUGO, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.