Date Approved
02/26/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
MG INSURANCE INC
Borrower Address
333 5th St SW
Borrower City
Willmar
Borrower State
MN
Borrower Zip
56201-3213
Loan Status Date
09/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
54423.82
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38282
Servicing Lender Name
Kensington Bank
Servicing Lender Address
11 N Central Ave
Servicing Lender City
KENSINGTON
Servicing Lender State
Servicing Lender Zip
56343-4400
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
KANDIYOHI
Project State
Project Zip
CD
MN-07
Jobs Reported
5
NAICS Code
524210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
54421.82
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
55206.92
Forgiveness Date
08/04/2022