Date Approved
04/04/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
WESTBERG ELECTRIC LLC
Borrower Address
15318 COUNTY ROAD 5 NW
Borrower City
NEW LONDON
Borrower State
MN
Borrower Zip
56273-9655
Loan Status Date
02/05/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
16100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38650
Servicing Lender Name
United Prairie Bank
Servicing Lender Address
1141 Third Ave
Servicing Lender City
MOUNTAIN LAKE
Servicing Lender State
Servicing Lender Zip
56159-1594
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KANDIYOHI
Project State
Project Zip
CD
MN-07
Jobs Reported
3
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
16205.42
Forgiveness Date
12/10/2020