Date Approved
04/28/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
FRANSEN DECORATING INC
Borrower Address
214 1ST ST W
Borrower City
MILACA
Borrower State
MN
Borrower Zip
56353-1102
Loan Status Date
03/18/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
364032.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38387
Servicing Lender Name
The First National Bank of Milaca
Servicing Lender Address
190 2nd Ave SW
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
56353-1106
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
MILLE LACS
Project State
Project Zip
CD
MN-08
Jobs Reported
20
NAICS Code
238320
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
Non Profit
Forgiveness Amount
366297.09
Forgiveness Date
12/21/2020