FALLROSE, INC. (ND) - 2020 PPP Loan Borrower Profile (# 8856577103)

Updated on April 18, 2025.

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

8856577103

SBA Office Code

0875

Processing Method

PPP

Curent Loan Amount

$90,200

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$90,749.77

Date Loan was Forgiven

Feb 16, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

67,725

Health Care Proceed

22,475

Lender

Alerus Financial, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

722513

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.