Date Approved
01/28/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
KIM SORENSON
Borrower Address
502 9th Ave SW
Borrower City
Wells
Borrower State
MN
Borrower Zip
56097-1247
Loan Status Date
12/09/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20833.33
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38098
Servicing Lender Name
Frost State Bank
Servicing Lender Address
205 Main St
Servicing Lender City
FROST
Servicing Lender State
Servicing Lender Zip
56033
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FARIBAULT
Project State
Project Zip
CD
MN-01
Jobs Reported
1
NAICS Code
541330
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
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
21006.94
Forgiveness Date
11/26/2021