Date Approved
02/06/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
DEGROOD APPLIANCE COMPANY
Borrower Address
220 Saint Andrews Dr
Borrower City
Mankato
Borrower State
MN
Borrower Zip
56001-8584
Loan Status Date
01/12/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
149400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38968
Servicing Lender Name
Community Bank Mankato
Servicing Lender Address
201 E Main St
Servicing Lender City
VERNON CENTER
Servicing Lender State
Servicing Lender Zip
56090
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BLUE EARTH
Project State
Project Zip
CD
MN-01
Jobs Reported
18
NAICS Code
442110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
149397.00
Mortgage Interest Proceed
Rent Proceed
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
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
150645.00
Forgiveness Date
12/09/2021