Date Approved
04/29/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
GORMAN & BRODERICK PLC
Borrower Address
120 Broad St
Borrower City
RED WING
Borrower State
MN
Borrower Zip
55066
Loan Status Date
07/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
28300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39052
Servicing Lender Name
Merchants Bank, National Association
Servicing Lender Address
102 E Third St
Servicing Lender City
WINONA
Servicing Lender State
Servicing Lender Zip
55987-3416
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Unanswered
Project City
Project County Name
GOODHUE
Project State
Project Zip
55066-0001
CD
MN-01
Jobs Reported
1
NAICS Code
541110
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
2830.00
Payroll Proceed
22640.00
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
Veteran
Non Profit
Forgiveness Amount
28497.31
Forgiveness Date
01/08/2021