Date Approved
04/28/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MOECHNIG FARM
Borrower Address
65409 287TH AVE
Borrower City
LAKE CITY
Borrower State
MN
Borrower Zip
55041-3709
Loan Status Date
03/29/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
24322.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
81265
Servicing Lender Name
Lake City Federal Bank
Servicing Lender Address
201 E Marion St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
55041-1000
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WABASHA
Project State
Project Zip
CD
MN-01
Jobs Reported
4
NAICS Code
111998
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
Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
24470.63
Forgiveness Date
12/08/2020