ALLEN TERNQUIST (ND) - 2020 PPP Loan Borrower Profile (# 5204738906)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ALLEN TERNQUIST. 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
5204738906
SBA Office Code
0875
Processing Method
PPS
Curent Loan Amount
$20,800
Date Loan was Approved
Apr 29, 2021
Amount Forgiven
$20,854.31
Date Loan was Forgiven
Aug 9, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Payroll Proced
20,800
Lender
First United Bank
Business Detail
Business Type
Sole Proprietorship
NAICS
112111
Borrower Location
Michigan, ND
Project Location
Michigan, ND
Rural/Urban
Rural
Hubzone
Yes
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Existing or more than 2 years old
Data Source: SBA.