Date Approved
03/13/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
WOLFF & SON'S INC.
Borrower Address
846 SE 38th St
Borrower City
Owatonna
Borrower State
MN
Borrower Zip
55060-5171
Loan Status Date
01/06/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
73797.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
449710
Servicing Lender Name
Reliance Bank
Servicing Lender Address
2300 NW 30th St
Servicing Lender City
FARIBAULT
Servicing Lender State
Servicing Lender Zip
55021-1938
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STEELE
Project State
Project Zip
CD
MN-01
Jobs Reported
12
NAICS Code
561730
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
73792.50
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
74349.46
Forgiveness Date
12/14/2021