Date Approved
04/06/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
OM SHIV SHAKTI INC.
Borrower Address
77820 East Main St.
Borrower City
ALBERT LEA
Borrower State
MN
Borrower Zip
56007-9500
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
70537.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Holiday Inn Express (License Agreement)
Servicing Lender Location Id
25018
Servicing Lender Name
Farmers Savings Bank
Servicing Lender Address
10 Highway Ave NW
Servicing Lender City
FOSTORIA
Servicing Lender State
IA
Servicing Lender Zip
51340
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FREEBORN
Project State
Project Zip
CD
MN-01
Jobs Reported
16
NAICS Code
721110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
14107.00
Payroll Proceed
56430.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
71075.82
Forgiveness Date
01/07/2021