Date Approved
02/07/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
AB SYSTEMS INC.
Borrower Address
209 Woodlake Dr SE
Borrower City
Rochester
Borrower State
MN
Borrower Zip
55904-5530
Loan Status Date
08/06/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
436867.57
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25587
Servicing Lender Name
West Bank
Servicing Lender Address
1601 22nd St
Servicing Lender City
WEST DES MOINES
Servicing Lender State
IA
Servicing Lender Zip
50266-1408
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OLMSTED
Project State
Project Zip
CD
MN-01
Jobs Reported
28
NAICS Code
423620
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
442983.72
Forgiveness Date
07/14/2022