Date Approved
04/11/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
PREFERRED CONCRETE CONSTRUCTION
Borrower Address
16138 149TH ST SE
Borrower City
BIG LAKE
Borrower State
MN
Borrower Zip
55309-4603
Loan Status Date
07/31/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
535555.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36743
Servicing Lender Name
Granite Bank
Servicing Lender Address
202 2nd Ave S
Servicing Lender City
COLD SPRING
Servicing Lender State
Servicing Lender Zip
56320
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHERBURNE
Project State
Project Zip
CD
MN-06
Jobs Reported
39
NAICS Code
236220
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
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
540657.65
Forgiveness Date
03/29/2021