Date Approved
04/10/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
INDUSTRIAL PNEUMATIC SYSTEMS INC
Borrower Address
700 6th St NW
Borrower City
New Prague
Borrower State
MN
Borrower Zip
56071-1147
Loan Status Date
10/07/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
104237.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99853
Servicing Lender Name
SouthPoint Financial CU
Servicing Lender Address
924 Main St, East
Servicing Lender City
SLEEPY EYE
Servicing Lender State
Servicing Lender Zip
56085-4380
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SCOTT
Project State
Project Zip
CD
MN-02
Jobs Reported
11
NAICS Code
454390
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
104232.00
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
Veteran
Non Profit
Forgiveness Amount
104645.38
Forgiveness Date
09/07/2021