ARCANUM CONSULTING INC (MN) - 2020 PPP Loan Borrower Profile (# 3955248402)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCANUM CONSULTING 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

3955248402

SBA Office Code

0508

Processing Method

PPS

Curent Loan Amount

$120,192

Date Loan was Approved

Feb 5, 2021

Amount Forgiven

$121,222.69

Date Loan was Forgiven

Dec 23, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

120,190

Lender

Customers Bank

Business Detail

Business Type

Corporation

NAICS

541613

Borrower Location

Edina, MN

Project Location

Edina, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.