Date Approved
02/03/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
SHEAR SHOP INC
Borrower Address
22775 17th Ave S
Borrower City
Hawley
Borrower State
MN
Borrower Zip
56549-9002
Loan Status Date
10/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
33992.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52771
Servicing Lender Name
Bell Bank
Servicing Lender Address
3100 13th Ave South
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58103-3507
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CLAY
Project State
Project Zip
CD
MN-07
Jobs Reported
7
NAICS Code
812112
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
33987.00
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
34197.84
Forgiveness Date
09/14/2021