Date Approved
01/30/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
3MG NORTH LLC
Borrower Address
2710 W Lincoln Ave
Borrower City
Olivia
Borrower State
MN
Borrower Zip
56277-1804
Loan Status Date
08/21/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
186600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38192
Servicing Lender Name
FM Bank
Servicing Lender Address
702 Prentice St
Servicing Lender City
GRANITE FALLS
Servicing Lender State
Servicing Lender Zip
56241-1541
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RENVILLE
Project State
Project Zip
CD
MN-07
Jobs Reported
28
NAICS Code
541715
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
186598.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
187525.33
Forgiveness Date
08/03/2021