EVOLVE ND (ND) - 2020 PPP Loan Borrower Profile (# 3431477306)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to EVOLVE ND. 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

3431477306

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$9,900

Date Loan was Approved

Apr 29, 2020

Amount Forgiven

$9,966

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

1,237

Payroll Proced

7,425

Rent Proceed

1,238

Lender

Alerus Financial, National Association

Business Detail

Business Type

Non-Profit Organization

NAICS

813410

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.