Date Approved
04/03/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
HERNESMAN BOAT GROUP, PERHAM
Borrower Address
941 Market St
Borrower City
PERHAM
Borrower State
MN
Borrower Zip
56573-2115
Loan Status Date
10/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
106400.00
Current Approval Amount
106339.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
427971
Servicing Lender Name
VISIONBank
Servicing Lender Address
3000 25th St South
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58103-5046
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OTTER TAIL
Project State
Project Zip
CD
MN-07
Jobs Reported
13
NAICS Code
441222
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3900.00
Payroll Proceed
94939.00
Mortgage Interest Proceed
Rent Proceed
7500.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
107851.38
Forgiveness Date
09/07/2021