Date Approved
02/09/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
SELECT I.T. INC.
Borrower Address
24580 Dakota Ave
Borrower City
Lakeville
Borrower State
MN
Borrower Zip
55044-8206
Loan Status Date
10/15/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
107000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25117
Servicing Lender Name
MidWestOne Bank
Servicing Lender Address
102 S Clinton St
Servicing Lender City
IOWA CITY
Servicing Lender State
IA
Servicing Lender Zip
52240-4065
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SCOTT
Project State
Project Zip
CD
MN-02
Jobs Reported
16
NAICS Code
561311
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
106999.00
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
107665.78
Forgiveness Date
09/24/2021