Date Approved
01/27/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
ROCHESTER ASPHALT INC.
Borrower Address
2904 County Road 15 SW
Borrower City
Byron
Borrower State
MN
Borrower Zip
55920-6319
Loan Status Date
04/06/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
223897.10
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36585
Servicing Lender Name
Security Bank Minnesota
Servicing Lender Address
437 Bridge Ave
Servicing Lender City
Albert Lea
Servicing Lender State
Servicing Lender Zip
56007-2954
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OLMSTED
Project State
Project Zip
CD
MN-01
Jobs Reported
25
NAICS Code
237310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
223892.10
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
226403.50
Forgiveness Date
03/09/2022