Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MICHAEL HERKENHOFF
Borrower Address
27828 County Rd 17
Borrower City
FREEPORT
Borrower State
MN
Borrower Zip
56331-9607
Loan Status Date
07/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
12300.00
Current Approval Amount
20833.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99711
Servicing Lender Name
Magnifi Financial CU
Servicing Lender Address
20 4th Ave E
Servicing Lender City
MELROSE
Servicing Lender State
Servicing Lender Zip
56352-1356
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Freeport
Project County Name
STEARNS
Project State
Project Zip
56331-0001
CD
MN-07
Jobs Reported
2
NAICS Code
112120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
21063.02
Forgiveness Date
06/10/2021