Date Approved
02/27/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
MICHAEL YAPEL
Borrower Address
325 19th St S Ste 101
Borrower City
Sartell
Borrower State
MN
Borrower Zip
56377-2570
Loan Status Date
02/04/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
106700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
328519
Servicing Lender Name
Falcon National Bank
Servicing Lender Address
183 Cedar Dr
Servicing Lender City
FOLEY
Servicing Lender State
Servicing Lender Zip
56329-4401
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STEARNS
Project State
Project Zip
CD
MN-06
Jobs Reported
10
NAICS Code
621210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
106696.00
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
107623.76
Forgiveness Date
01/12/2022