Date Approved
01/23/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
JNC ELECTRIC L.L.C.
Borrower Address
410 N Highway 86
Borrower City
Lakefield
Borrower State
MN
Borrower Zip
56150-9348
Loan Status Date
08/11/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
39800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38258
Servicing Lender Name
Bank Midwest
Servicing Lender Address
1525 18th St
Servicing Lender City
SPIRIT LAKE
Servicing Lender State
IA
Servicing Lender Zip
51360-1023
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
JACKSON
Project State
Project Zip
CD
MN-01
Jobs Reported
4
NAICS Code
238210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
39796.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
39993.47
Forgiveness Date
07/20/2021