Date Approved
04/10/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
WORTHINGTON ELECTRIC, INC.
Borrower Address
1437 MINNESOTA DR
Borrower City
WORTHINGTON
Borrower State
MN
Borrower Zip
56187-1317
Loan Status Date
04/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
34900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38099
Servicing Lender Name
First National Bank
Servicing Lender Address
141 E Main St
Servicing Lender City
OLDHAM
Servicing Lender State
SD
Servicing Lender Zip
57051
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NOBLES
Project State
Project Zip
CD
MN-01
Jobs Reported
4
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
4362.00
Payroll Proceed
26175.00
Mortgage Interest Proceed
Rent Proceed
4363.00
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
35116.19
Forgiveness Date
11/27/2020