Date Approved
04/29/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
RAYMOND KVALVOG
Borrower Address
323 48th Ave SW
Borrower City
Moorhead
Borrower State
MN
Borrower Zip
56560-6752
Loan Status Date
09/24/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39047
Servicing Lender Name
Ultima Bank Minnesota
Servicing Lender Address
9 W Minnesota Ave
Servicing Lender City
WINGER
Servicing Lender State
Servicing Lender Zip
56592
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CLAY
Project State
Project Zip
CD
MN-07
Jobs Reported
1
NAICS Code
112111
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
20797.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
20854.14
Forgiveness Date
08/04/2021