Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MARINE IRON & SHIP BUILDING COMPANY
Borrower Address
306 W Michigan St Suite 300
Borrower City
DULUTH
Borrower State
MN
Borrower Zip
55802
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
22308.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38689
Servicing Lender Name
Frandsen Bank & Trust
Servicing Lender Address
116 W Central St
Servicing Lender City
LONSDALE
Servicing Lender State
Servicing Lender Zip
55046-9626
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
SAINT LOUIS
Project State
Project Zip
55802-1100
CD
MN-08
Jobs Reported
3
NAICS Code
336611
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
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
22429.01
Forgiveness Date
11/23/2020