ARCHAMBAULT BROTHERS INC (MN) - 2020 PPP Loan Borrower Profile (# 4465157002)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCHAMBAULT BROTHERS 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

4465157002

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$138,300

Date Loan was Approved

Apr 3, 2020

Amount Forgiven

$139,391.03

Date Loan was Forgiven

Jan 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

138,300

Lender

1st United Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

562111

Borrower Location

FARIBAULT, MN

Project Location

FARIBAULT, 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.