Date Approved
03/12/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
MARGI LLC
Borrower Address
416 Broadway Ave S
Borrower City
Rochester
Borrower State
MN
Borrower Zip
55904-6403
Loan Status Date
03/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
97497.15
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36696
Servicing Lender Name
First Security Bank
Servicing Lender Address
316 Byron Ave N
Servicing Lender City
BYRON
Servicing Lender State
Servicing Lender Zip
55920-1480
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OLMSTED
Project State
Project Zip
CD
MN-01
Jobs Reported
20
NAICS Code
531311
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
97493.15
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
Unanswered
Non Profit
Forgiveness Amount
98163.38
Forgiveness Date
11/19/2021