Date Approved
02/10/2021
SBA Office Code
0508
Processing Method
PPP
Borrower Name
JOSEPH NOVOTNY
Borrower Address
5526 325th Ave
Borrower City
Foley
Borrower State
MN
Borrower Zip
56329-5007
Loan Status Date
07/10/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20833.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99711
Servicing Lender Name
Magnifi Financial CU
Servicing Lender Address
20 4th Ave E
Servicing Lender City
MELROSE
Servicing Lender State
Servicing Lender Zip
56352-1356
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MILLE LACS
Project State
Project Zip
CD
MN-07
Jobs Reported
1
NAICS Code
111940
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
20830.00
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
20903.78
Forgiveness Date
06/23/2021