Date Approved
01/19/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
BABCOCK GENETICS INC
Borrower Address
1856 Spruce Meadows Dr SE
Borrower City
Rochester
Borrower State
MN
Borrower Zip
55904-2933
Loan Status Date
09/24/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
125087.00
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
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
10
NAICS Code
112210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
125084.00
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
125768.03
Forgiveness Date
08/09/2021