ASMUNDSON FARMS, INC. (ND) - 2020 PPP Loan Borrower Profile (# 3912717209)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ASMUNDSON FARMS, 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

3912717209

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$32,425

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$32,572.71

Date Loan was Forgiven

Oct 13, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

27,797

Health Care Proceed

4,628

Lender

State Bank & Trust of Kenmare

Business Detail

Business Type

Corporation

NAICS

111140

Borrower Location

BERTHOLD, ND

Project Location

BERTHOLD, ND

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.