ASB, INC. (ND) - 2020 PPP Loan Borrower Profile (# 6584847206)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASB, 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 North Dakota.

Loan Detail

Loan Number

6584847206

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$84,300

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$85,018.89

Date Loan was Forgiven

Mar 11, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

7,025

Payroll Proced

63,225

Rent Proceed

7,025

Health Care Proceed

7,025

Lender

Alerus Financial, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

561990

Borrower Location

FARGO, ND

Project Location

FARGO, ND

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.