Date Approved
01/20/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
GUT BUGS INC.
Borrower Address
23046 County Highway 120
Borrower City
Fergus Falls
Borrower State
MN
Borrower Zip
56537-8218
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
58396.55
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38192
Servicing Lender Name
FM Bank
Servicing Lender Address
702 Prentice St
Servicing Lender City
GRANITE FALLS
Servicing Lender State
Servicing Lender Zip
56241-1541
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OTTER TAIL
Project State
Project Zip
CD
MN-07
Jobs Reported
5
NAICS Code
541940
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
58392.55
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 Profit
Forgiveness Amount
59002.91
Forgiveness Date
02/14/2022