Date Approved
01/17/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
LEGACY POWER LINE INC
Borrower Address
12822 US Highway 10
Borrower City
Wadena
Borrower State
MN
Borrower Zip
56482-3137
Loan Status Date
02/10/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
627480.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
124444
Servicing Lender Name
BankVista
Servicing Lender Address
125 Twin Rivers Ct
Servicing Lender City
SARTELL
Servicing Lender State
Servicing Lender Zip
56377-2144
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WADENA
Project State
Project Zip
CD
MN-07
Jobs Reported
51
NAICS Code
238210
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
627478.00
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
633410.98
Forgiveness Date
01/06/2022