Date Approved
04/15/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
EMPOWERMENT SERVICES OF MINNESOTA, INC.
Borrower Address
2305 3RD ST
Borrower City
DULUTH
Borrower State
MN
Borrower Zip
55812-1852
Loan Status Date
02/27/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
250000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36814
Servicing Lender Name
Park State Bank
Servicing Lender Address
2630 W Superior St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
55806-1817
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SAINT LOUIS
Project State
Project Zip
CD
MN-08
Jobs Reported
47
NAICS Code
623110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
10000.00
Payroll Proceed
200000.00
Mortgage Interest Proceed
Rent Proceed
20000.00
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
Male Owned
Veteran
Non Profit
Forgiveness Amount
251916.67
Forgiveness Date
01/25/2021