Date Approved
01/20/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
ANDERSON ELECTRIC OF LAMBERTON
Borrower Address
602 S Ilex St
Borrower City
Lamberton
Borrower State
MN
Borrower Zip
56152-1165
Loan Status Date
07/02/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
71900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38814
Servicing Lender Name
First Independent Bank
Servicing Lender Address
300 Front St
Servicing Lender City
RUSSELL
Servicing Lender State
Servicing Lender Zip
56169
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
REDWOOD
Project State
Project Zip
CD
MN-07
Jobs Reported
9
NAICS Code
238210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
71899.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
72187.60
Forgiveness Date
06/23/2021