ARNOLD JENSEN (MN) - 2020 PPP Loan Borrower Profile (# 8532628301)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARNOLD JENSEN. 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

8532628301

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$20,800

Date Loan was Approved

Jan 29, 2021

Amount Forgiven

$20,902.27

Date Loan was Forgiven

Jul 30, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

20,794

Lender

Merchants Bank, National Association

Business Detail

Business Type

Self-Employed Individuals

NAICS

112111

Borrower Location

Eyota, MN

Project Location

Eyota, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.