Date Approved
08/06/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MICHAEL D. CLANCEY
Borrower Address
438 E. 11th St
Borrower City
FAIRMONT
Borrower State
MN
Borrower Zip
56031-3754
Loan Status Date
04/21/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
5555.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39016
Servicing Lender Name
Welcome State Bank
Servicing Lender Address
111 Guide St North
Servicing Lender City
WELCOME
Servicing Lender State
Servicing Lender Zip
56181-9785
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
New Business or 2 years or less
Project City
Project County Name
MARTIN
Project State
Project Zip
CD
MN-01
Jobs Reported
2
NAICS Code
621310
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
Sole Proprietorship
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
5588.95
Forgiveness Date
03/16/2021