Date Approved
05/04/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
ASSEMBLY ENGINEERING, INC. OF PELICAN RAPIDS, MINNESOTA
Borrower Address
17 Industrial Park Drive
Borrower City
PELICAN RAPIDS
Borrower State
MN
Borrower Zip
56572-0424
Loan Status Date
01/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
71217.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38880
Servicing Lender Name
Minnesota National Bank
Servicing Lender Address
131 12th St South
Servicing Lender City
SAUK CENTRE
Servicing Lender State
Servicing Lender Zip
56378-1682
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
OTTER TAIL
Project State
Project Zip
CD
MN-07
Jobs Reported
10
NAICS Code
335999
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
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
Unanswered
Non Profit
Forgiveness Amount
51637.00
Forgiveness Date
12/17/2020