Date Approved
01/21/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
THORWALDSEN & MALMSTROM PLLP
Borrower Address
1105 Highway 10 E
Borrower City
Detroit Lakes
Borrower State
MN
Borrower Zip
56501-4215
Loan Status Date
12/04/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
54800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39006
Servicing Lender Name
Midwest Bank
Servicing Lender Address
613 Hwy 10 E
Servicing Lender City
DETROIT LAKES
Servicing Lender State
Servicing Lender Zip
56501-4127
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BECKER
Project State
Project Zip
CD
MN-07
Jobs Reported
7
NAICS Code
541110
Race
Unanswered
Ethnicity
Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
54797.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
55221.88
Forgiveness Date
11/03/2021