ARCADE PHALEN AMERICAN LEGION (MN) - 2020 PPP Loan Borrower Profile (# 7484758403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCADE PHALEN AMERICAN LEGION. 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

7484758403

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$43,400

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$43,722.23

Date Loan was Forgiven

Dec 1, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

43,398

Lender

Sunrise Banks National Association

Business Detail

Business Type

Corporation

NAICS

813410

Borrower Location

Saint Paul, MN

Project Location

Saint Paul, MN

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.