ACADEMIC REVOLUTION FOR YOUNG MINDS LLC (ND) - 2020 PPP Loan Borrower Profile (# 2820357108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACADEMIC REVOLUTION FOR YOUNG MINDS 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 North Dakota.

Loan Detail

Loan Number

2820357108

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$210,900

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$212,364.58

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

21,100

Payroll Proced

158,200

Rent Proceed

31,600

Lender

BNC National Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

624410

Borrower Location

BISMARCK, ND

Project Location

BISMARCK, ND

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.