Date Approved
02/27/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
GATES-PETERSON CORP
Borrower Address
10437 Twin Lakes Pkwy NW
Borrower City
Elk River
Borrower State
MN
Borrower Zip
55330-7512
Loan Status Date
03/08/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
28000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38030
Servicing Lender Name
The Bank of Elk River
Servicing Lender Address
630 Main St
Servicing Lender City
ELK RIVER
Servicing Lender State
Servicing Lender Zip
55330-1503
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHERBURNE
Project State
Project Zip
CD
MN-06
Jobs Reported
1
NAICS Code
541990
Race
White
Ethnicity
Not Hispanic or Latino
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
28122.74
Forgiveness Date
08/10/2021