ARCHITECTURAL RESOURCES INC. (MN) - 2020 PPP Loan Borrower Profile (# 2751988307)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ARCHITECTURAL RESOURCES 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
2751988307
SBA Office Code
0508
Processing Method
PPS
Curent Loan Amount
$360,000
Date Loan was Approved
Jan 21, 2021
Amount Forgiven
$362,968.77
Date Loan was Forgiven
Nov 22, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
359,997
Lender
Park State Bank
Business Detail
Business Type
Corporation
NAICS
541310
Borrower Location
Hibbing, MN
Project Location
Hibbing, MN
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
28
Business Age Description
Existing or more than 2 years old
Data Source: SBA.