Date Approved
01/28/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
GEARGRID LLC
Borrower Address
670 15th St SW
Borrower City
Forest Lake
Borrower State
MN
Borrower Zip
55025-1309
Loan Status Date
07/10/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
389327.03
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38024
Servicing Lender Name
Fidelity Bank
Servicing Lender Address
7600 Parklawn Ave
Servicing Lender City
EDINA
Servicing Lender State
Servicing Lender Zip
55435-5125
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHINGTON
Project State
Project Zip
CD
MN-08
Jobs Reported
33
NAICS Code
332618
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
389326.03
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
390905.97
Forgiveness Date
06/25/2021