Date Approved
04/13/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
HERNESMAN BOAT GROUP
Borrower Address
2115 SE Main Ave
Borrower City
MOORHEAD
Borrower State
MN
Borrower Zip
56560-5941
Loan Status Date
03/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
113000.00
Current Approval Amount
112960.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
427971
Servicing Lender Name
VISIONBank
Servicing Lender Address
3000 25th St South
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58103-5046
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CLAY
Project State
Project Zip
CD
MN-07
Jobs Reported
11
NAICS Code
441222
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2000.00
Payroll Proceed
90960.00
Mortgage Interest Proceed
20000.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
113882.51
Forgiveness Date
02/02/2021