Date Approved
05/25/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
MILL LAKE ELECTRIC LLC
Borrower Address
9867 County Road 27 SW
Borrower City
Alexandria
Borrower State
MN
Borrower Zip
56308-6310
Loan Status Date
02/08/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
27482.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38241
Servicing Lender Name
Woodlands National Bank
Servicing Lender Address
122 E Main St
Servicing Lender City
HINCKLEY
Servicing Lender State
Servicing Lender Zip
55037
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DOUGLAS
Project State
Project Zip
CD
MN-07
Jobs Reported
3
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
27476.50
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
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
27647.40
Forgiveness Date
01/06/2022