ARENS HEATING AND COOLING LLC (MN) - 2020 PPP Loan Borrower Profile (# 2254347404)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARENS HEATING AND COOLING 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

2254347404

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$60,957.8

Date Loan was Approved

May 5, 2020

Amount Forgiven

$61,713

Date Loan was Forgiven

Jul 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

53,957.8

Refinance EIDL Proceed

7,000

Lender

Sterling State Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

238220

Borrower Location

AUSTIN, MN

Project Location

AUSTIN, MN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.