Date Approved
04/04/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
NAMCO MFG. INC. OF MINNESOTA
Borrower Address
10900 60th St N
Borrower City
STILLWATER
Borrower State
MN
Borrower Zip
55082-5741
Loan Status Date
03/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
697200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
434662
Servicing Lender Name
First Resource Bank
Servicing Lender Address
7449 Village Dr
Servicing Lender City
LINO LAKES
Servicing Lender State
Servicing Lender Zip
55014-1181
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHINGTON
Project State
Project Zip
CD
MN-04
Jobs Reported
53
NAICS Code
424990
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
4995.00
Payroll Proceed
667205.00
Mortgage Interest Proceed
Rent Proceed
25000.00
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
Veteran
Non Profit
Forgiveness Amount
703197.83
Forgiveness Date
02/19/2021