Date Approved
04/03/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
HERNESMAN'S INC.
Borrower Address
895 NE 1st ST
Borrower City
GRAND RAPIDS
Borrower State
MN
Borrower Zip
55744-3177
Loan Status Date
03/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
106800.00
Current Approval Amount
106749.00
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
Y
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
12
NAICS Code
441222
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
5000.00
Payroll Proceed
85349.00
Mortgage Interest Proceed
6400.00
Rent Proceed
10000.00
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
107632.64
Forgiveness Date
02/02/2021