Date Approved
04/14/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MALONE GOLF, INC.
Borrower Address
21775 Ridges Drive
Borrower City
JORDAN
Borrower State
MN
Borrower Zip
55352
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
18050.00
Current Approval Amount
180500.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38689
Servicing Lender Name
Frandsen Bank & Trust
Servicing Lender Address
116 W Central St
Servicing Lender City
LONSDALE
Servicing Lender State
Servicing Lender Zip
55046-9626
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SCOTT
Project State
Project Zip
55352-0001
CD
MN-02
Jobs Reported
13
NAICS Code
713910
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
20000.00
Payroll Proceed
144454.00
Mortgage Interest Proceed
16046.00
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
181573.11
Forgiveness Date
11/27/2020