Date Approved
04/24/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
FULL THROTTLE GARAGE LLC
Borrower Address
717 Mary Ave N
Borrower City
Fosston
Borrower State
MN
Borrower Zip
56542-1012
Loan Status Date
07/22/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
28700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39047
Servicing Lender Name
Ultima Bank Minnesota
Servicing Lender Address
9 W Minnesota Ave
Servicing Lender City
WINGER
Servicing Lender State
Servicing Lender Zip
56592
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
MN-07
Jobs Reported
3
NAICS Code
811111
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
28697.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
28749.54
Forgiveness Date
06/30/2021