Date Approved
04/16/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
GALE E. SCHMITZ, LTD
Borrower Address
103 East Third Street
Borrower City
THIEF RIVER FALLS
Borrower State
MN
Borrower Zip
56701
Loan Status Date
03/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
42119.62
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52775
Servicing Lender Name
Border Bank
Servicing Lender Address
4530 17th Ave SW
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58103-8991
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PENNINGTON
Project State
Project Zip
56701-0001
CD
MN-07
Jobs Reported
6
NAICS Code
813920
Race
Unanswered
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
Veteran
Non Profit
Forgiveness Amount
38336.69
Forgiveness Date
11/30/2020