Date Approved
01/23/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
INDUSTRIAL FINISHING SERVICES, INC.
Borrower Address
710 1st St NE
Borrower City
Perham
Borrower State
MN
Borrower Zip
56573-1845
Loan Status Date
07/15/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
903028.85
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38738
Servicing Lender Name
United Community Bank
Servicing Lender Address
301 W Main St
Servicing Lender City
PERHAM
Servicing Lender State
Servicing Lender Zip
56573-1455
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
83
NAICS Code
332812
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
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
906393.56
Forgiveness Date
06/15/2021