Date Approved
04/28/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
TERNING & COMPANY INC
Borrower Address
18482 202nd Circle
Borrower City
HUTCHINSON
Borrower State
MN
Borrower Zip
55350-5688
Loan Status Date
07/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
148984.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36741
Servicing Lender Name
The First National Bank of Cokato
Servicing Lender Address
365 Broadway Ave S
Servicing Lender City
COKATO
Servicing Lender State
Servicing Lender Zip
55321-4292
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
MCLEOD
Project State
Project Zip
CD
MN-07
Jobs Reported
13
NAICS Code
541219
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
150635.24
Forgiveness Date
06/04/2021