Date Approved
01/23/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
TIMOTHY R. POSCH DDS PA
Borrower Address
101 Roosevelt Ave
Borrower City
Detroit Lakes
Borrower State
MN
Borrower Zip
56501-2626
Loan Status Date
12/04/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
87700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39006
Servicing Lender Name
Midwest Bank
Servicing Lender Address
613 Hwy 10 E
Servicing Lender City
DETROIT LAKES
Servicing Lender State
Servicing Lender Zip
56501-4127
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BECKER
Project State
Project Zip
CD
MN-07
Jobs Reported
7
NAICS Code
621210
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
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
88363.16
Forgiveness Date
11/01/2021