Date Approved
01/21/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
MCG ENERGY SOLUTIONS LLC
Borrower Address
901 Marquette Ave Ste 750
Borrower City
Minneapolis
Borrower State
MN
Borrower Zip
55402-3295
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1538250.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52771
Servicing Lender Name
Bell Bank
Servicing Lender Address
3100 13th Ave South
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58103-3507
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-05
Jobs Reported
75
NAICS Code
518210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
1538248.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1545001.21
Forgiveness Date
06/30/2021