Date Approved
03/30/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
SOMERSET TRUCKING L.L.C.
Borrower Address
5526 SW 22nd Ave
Borrower City
Owatonna
Borrower State
MN
Borrower Zip
55060-5165
Loan Status Date
01/06/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
24532.07
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
449710
Servicing Lender Name
Reliance Bank
Servicing Lender Address
2300 NW 30th St
Servicing Lender City
FARIBAULT
Servicing Lender State
Servicing Lender Zip
55021-1938
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STEELE
Project State
Project Zip
CD
MN-01
Jobs Reported
2
NAICS Code
484110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
24529.07
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
Non-Veteran
Non Profit
Forgiveness Amount
24704.13
Forgiveness Date
12/15/2021