CEO PRAXIS INC (ND) - 2020 PPP Loan Borrower Profile (# 4850818503)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CEO PRAXIS 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

4850818503

SBA Office Code

0875

Processing Method

PPS

Curent Loan Amount

$40,800

Date Loan was Approved

Feb 26, 2021

Amount Forgiven

$41,070.87

Date Loan was Forgiven

Oct 29, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

40,799

Lender

Alerus Financial, National Association

Business Detail

Business Type

Corporation

NAICS

541618

Borrower Location

Grand Forks, ND

Project Location

Grand Forks, ND

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.