Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
JOSEPH ELAM
Borrower Address
22605 MARIE AVE
Borrower City
ROGERS
Borrower State
MN
Borrower Zip
55374-8877
Loan Status Date
03/31/2021
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
38878
Servicing Lender Name
Sherburne State Bank
Servicing Lender Address
12500 Sherburne Ave
Servicing Lender City
BECKER
Servicing Lender State
Servicing Lender Zip
55308
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-03
Jobs Reported
1
NAICS Code
531210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
20984.31
Forgiveness Date
03/23/2021