Date Approved
04/06/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
DOUBLE B HOLDINGS, LLC AND SIMONSON PROPERTIES COMPANY
Borrower Address
2455 12th St. NE
Borrower City
SAINT CLOUD
Borrower State
MN
Borrower Zip
56304
Loan Status Date
07/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
2107500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38828
Servicing Lender Name
Sentry Bank
Servicing Lender Address
400 4th Ave NE
Servicing Lender City
SAINT JOSEPH
Servicing Lender State
Servicing Lender Zip
56374-8644
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHERBURNE
Project State
Project Zip
56304-0001
CD
MN-06
Jobs Reported
180
NAICS Code
423310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
32500.00
Payroll Proceed
2000000.00
Mortgage Interest Proceed
Rent Proceed
75000.00
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-Veteran
Non Profit
Forgiveness Amount
2132204.58
Forgiveness Date
06/11/2021