Date Approved
04/30/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
HOEFT MACHINERY INC.
Borrower Address
3605 85th Ave
Borrower City
PRINCETON
Borrower State
MN
Borrower Zip
55371
Loan Status Date
03/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
20800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38908
Servicing Lender Name
Bremer Bank, National Association
Servicing Lender Address
372 St. Peter St
Servicing Lender City
SAINT PAUL
Servicing Lender State
Servicing Lender Zip
55102-1302
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
MILLE LACS
Project State
Project Zip
55371-0001
CD
MN-06
Jobs Reported
2
NAICS Code
423820
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
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
20955.57
Forgiveness Date
02/02/2021