Date Approved
01/27/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
ABILITY BUILDING CENTER INC.
Borrower Address
1911 14th St NW
Borrower City
Rochester
Borrower State
MN
Borrower Zip
55901-0756
Loan Status Date
11/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1576745.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36611
Servicing Lender Name
Sterling State Bank
Servicing Lender Address
1419 1st Ave SW
Servicing Lender City
AUSTIN
Servicing Lender State
Servicing Lender Zip
55912-1603
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
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
186
NAICS Code
624120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
1576744.00
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
1588570.59
Forgiveness Date
10/27/2021