BAUM INSURANCE AGENCY LLC (ND) - 2020 PPP Loan Borrower Profile (# 5780437400)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BAUM INSURANCE AGENCY 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

5780437400

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$21,447

Date Loan was Approved

May 13, 2020

Amount Forgiven

$21,561.98

Date Loan was Forgiven

Nov 30, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

690

Payroll Proced

19,257

Rent Proceed

1,500

Lender

American National Bank of Minnesota

Business Detail

Business Type

Subchapter S Corporation

NAICS

524210

Borrower Location

WEST FARGO, ND

Project Location

WEST FARGO, ND

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.