Date Approved
04/05/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SCHIPP'S PRO POWER WASH, INC.
Borrower Address
2340 CROSSROADS BLVD
Borrower City
ALBERT LEA
Borrower State
MN
Borrower Zip
56007-4001
Loan Status Date
05/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
232800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38215
Servicing Lender Name
Arcadian Bank
Servicing Lender Address
601 N Broadway
Servicing Lender City
HARTLAND
Servicing Lender State
Servicing Lender Zip
56042-9782
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FREEBORN
Project State
Project Zip
CD
MN-01
Jobs Reported
23
NAICS Code
238990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
5000.00
Payroll Proceed
195000.00
Mortgage Interest Proceed
Rent Proceed
20000.00
Refinance EIDL Proceed
Health Care Proceed
8000.00
Debt Interest Proceed
4800
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
235210.92
Forgiveness Date
04/29/2021