Date Approved
02/03/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
MAGOFFIN CONSULTING LLC
Borrower Address
11000 Quinn Ave S
Borrower City
Bloomington
Borrower State
MN
Borrower Zip
55437-3234
Loan Status Date
10/09/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
20800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99830
Servicing Lender Name
Think Mutual Bank
Servicing Lender Address
5200 Members Pkwy NW
Servicing Lender City
ROCHESTER
Servicing Lender State
Servicing Lender Zip
55901-8381
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-03
Jobs Reported
1
NAICS Code
624310
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
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
20923.07
Forgiveness Date
09/10/2021