Date Approved
02/02/2021
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MACH MOTORS INC.
Borrower Address
11399 Easy Edge
Borrower City
Milaca
Borrower State
MN
Borrower Zip
56353-4581
Loan Status Date
02/04/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
6631.25
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38878
Servicing Lender Name
Sherburne State Bank
Servicing Lender Address
12500 Sherburne Ave
Servicing Lender City
BECKER
Servicing Lender State
Servicing Lender Zip
55308
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MILLE LACS
Project State
Project Zip
CD
MN-08
Jobs Reported
1
NAICS Code
441120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
6628.25
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
Veteran
Non Profit
Forgiveness Amount
6691.67
Forgiveness Date
01/06/2022