Date Approved
01/17/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
MADRID & ASSOCIATES INC
Borrower Address
511 4th St NW
Borrower City
Faribault
Borrower State
MN
Borrower Zip
55021-5032
Loan Status Date
07/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
18469.10
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
88765
Servicing Lender Name
1st United Bank
Servicing Lender Address
430 NW Fourth St
Servicing Lender City
FARIBAULT
Servicing Lender State
Servicing Lender Zip
55021-5031
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RICE
Project State
Project Zip
CD
MN-01
Jobs Reported
2
NAICS Code
524210
Race
White
Ethnicity
Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
18466.10
Mortgage Interest Proceed
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
Non-Veteran
Non Profit
Forgiveness Amount
18550.16
Forgiveness Date
06/25/2021