Date Approved
04/03/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
HIGHWAY MATERIALS, LLC.
Borrower Address
14990 INDUSTRY AVE
Borrower City
BECKER
Borrower State
MN
Borrower Zip
55308-8813
Loan Status Date
04/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
154000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36731
Servicing Lender Name
Citizens Alliance Bank
Servicing Lender Address
55 1st St NW
Servicing Lender City
CLARA CITY
Servicing Lender State
Servicing Lender Zip
56222-1271
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
14
NAICS Code
332999
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
6000.00
Payroll Proceed
128000.00
Mortgage Interest Proceed
Rent Proceed
20000.00
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
155409.21
Forgiveness Date
03/11/2021