Date Approved
04/10/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
DEREK A. SKOVBROTEN
Borrower Address
422 Center ST
Borrower City
NEW ULM
Borrower State
MN
Borrower Zip
56073-3066
Loan Status Date
11/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
31300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38267
Servicing Lender Name
Home State Bank
Servicing Lender Address
1435 E Hwy 12
Servicing Lender City
LITCHFIELD
Servicing Lender State
Servicing Lender Zip
55355-5328
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BROWN
Project State
Project Zip
CD
MN-01
Jobs Reported
2
NAICS Code
524210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
800.00
Payroll Proceed
28500.00
Mortgage Interest Proceed
Rent Proceed
2000.00
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
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
31530.40
Forgiveness Date
01/07/2021