Date Approved
04/15/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
LLOYD HOFFMANN
Borrower Address
38971 601st Ave
Borrower City
New Ulm
Borrower State
MN
Borrower Zip
56073-4239
Loan Status Date
09/16/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20833.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38679
Servicing Lender Name
Citizens Bank Minnesota
Servicing Lender Address
105 N Minnesota St
Servicing Lender City
NEW ULM
Servicing Lender State
Servicing Lender Zip
56073-1729
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
NICOLLET
Project State
Project Zip
CD
MN-01
Jobs Reported
1
NAICS Code
111110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
20827.00
Mortgage Interest Proceed
Rent Proceed
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
Male Owned
Veteran
Non Profit
Forgiveness Amount
20894.92
Forgiveness Date
08/06/2021