Date Approved
04/10/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
GORHAM'S INC.
Borrower Address
1408 NW 4TH ST
Borrower City
GRAND RAPIDS
Borrower State
MN
Borrower Zip
55744-2212
Loan Status Date
11/18/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
147160.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38190
Servicing Lender Name
Grand Rapids State Bank
Servicing Lender Address
523 NW 1st Ave
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
55744-2618
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ITASCA
Project State
Project Zip
CD
MN-08
Jobs Reported
11
NAICS Code
221210
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-Veteran
Non Profit
Forgiveness Amount
147981.64
Forgiveness Date
11/05/2020