Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
PRO SYSTEMS INC OF FOSSTON
Borrower Address
34562 430TH ST SE
Borrower City
FOSSTON
Borrower State
MN
Borrower Zip
56542-9211
Loan Status Date
11/20/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
18400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39047
Servicing Lender Name
Ultima Bank Minnesota
Servicing Lender Address
9 W Minnesota Ave
Servicing Lender City
WINGER
Servicing Lender State
Servicing Lender Zip
56592
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
MN-07
Jobs Reported
1
NAICS Code
541320
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
18480.66
Forgiveness Date
10/14/2020