ARCHER MECHANICAL LLC (MN) - 2020 PPP Loan Borrower Profile (# 8405577006)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCHER MECHANICAL 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

8405577006

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$172,250

Date Loan was Approved

Apr 8, 2020

Amount Forgiven

$173,189.12

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

172,250

Lender

New Market Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238220

Borrower Location

BURNSVILLE, MN

Project Location

BURNSVILLE, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.