Date Approved
03/26/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
HI POWER LLC
Borrower Address
2002 8th St SE
Borrower City
East Grand Forks
Borrower State
MN
Borrower Zip
56721-3004
Loan Status Date
05/14/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
7594.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52934
Servicing Lender Name
Choice Financial Group
Servicing Lender Address
4501 23rd Ave South
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58104-8782
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
POLK
Project State
Project Zip
CD
MN-07
Jobs Reported
1
NAICS Code
561110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
7593.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
7671.19
Forgiveness Date
04/12/2022