Date Approved
04/14/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
LGM, INC.
Borrower Address
11166 County Road 37 NE
Borrower City
ALBERTVILLE
Borrower State
MN
Borrower Zip
55301-4626
Loan Status Date
02/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
138500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
224982
Servicing Lender Name
BNC National Bank
Servicing Lender Address
20175 N 67th Ave
Servicing Lender City
GLENDALE
Servicing Lender State
AZ
Servicing Lender Zip
85308-7000
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WRIGHT
Project State
Project Zip
CD
MN-06
Jobs Reported
38
NAICS Code
722511
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
8621.00
Payroll Proceed
102357.00
Mortgage Interest Proceed
27522.00
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
139492.58
Forgiveness Date
01/12/2021