Date Approved
02/16/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
PETE'S ELECTRIC MOTOR INC.
Borrower Address
3690 County Road 3
Borrower City
Minneota
Borrower State
MN
Borrower Zip
56264-1117
Loan Status Date
03/07/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
7553.10
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38936
Servicing Lender Name
State Bank of Taunton
Servicing Lender Address
101 N Main St
Servicing Lender City
TAUNTON
Servicing Lender State
Servicing Lender Zip
56291-5000
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LYON
Project State
Project Zip
CD
MN-07
Jobs Reported
3
NAICS Code
811219
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
7552.10
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
7610.59
Forgiveness Date
11/26/2021