Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
STROM AVIATION, INC.
Borrower Address
109 S. Elm Street
Borrower City
WACONIA
Borrower State
MN
Borrower Zip
55387
Loan Status Date
09/13/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
7593464.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
76065
Servicing Lender Name
First Business Bank
Servicing Lender Address
401 Charmany Dr
Servicing Lender City
MADISON
Servicing Lender State
WI
Servicing Lender Zip
53719-1272
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CARVER
Project State
Project Zip
55387-0001
CD
MN-06
Jobs Reported
500
NAICS Code
561320
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
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
Veteran
Non Profit
Forgiveness Amount
4383529.66
Forgiveness Date
06/11/2021