Date Approved
06/30/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
REED L. DEMMER
Borrower Address
27893 Bayview Dr.
Borrower City
RED WING
Borrower State
MN
Borrower Zip
55066-5523
Loan Status Date
04/08/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
25577.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38247
Servicing Lender Name
Produce State Bank
Servicing Lender Address
109 Park Ave
Servicing Lender City
HOLLANDALE
Servicing Lender State
Servicing Lender Zip
56045-4429
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GOODHUE
Project State
Project Zip
CD
MN-01
Jobs Reported
2
NAICS Code
111199
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
21083.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
4494.00
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 Profit
Forgiveness Amount
25763.40
Forgiveness Date
03/24/2021