Date Approved
03/18/2021
SBA Office Code
0508
Processing Method
PPP
Borrower Name
IBRAHIM KOROMA
Borrower Address
5601 Quebec Ave N Apt 108A
Borrower City
New Hope
Borrower State
MN
Borrower Zip
55428-3348
Loan Status Date
01/19/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20833.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99711
Servicing Lender Name
Magnifi Financial CU
Servicing Lender Address
20 4th Ave E
Servicing Lender City
MELROSE
Servicing Lender State
Servicing Lender Zip
56352-1356
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-05
Jobs Reported
1
NAICS Code
541512
Race
Black or African American
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
20831.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
20983.68
Forgiveness Date
12/15/2021