240 GROUP, INC. (WI) - 2020 PPP Loan Borrower Profile (# 5100997009)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 240 GROUP, 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 Wisconsin.

Loan Detail

Loan Number

5100997009

SBA Office Code

0563

Processing Method

PPP

Curent Loan Amount

$188,946.2

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$190,012.58

Date Loan was Forgiven

Nov 3, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

18,894.62

Payroll Proced

139,343.51

Mortgage Interest Proceed

18,894.61

Health Care Proceed

11,813.46

Lender

Nekoosa Port Edwards State Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

541840

Borrower Location

WISCONSIN RAPIDS, WI

Project Location

WISCONSIN RAPIDS, WI

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.