Date Approved
01/17/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
NOR-TECH B.S.M., INC.
Borrower Address
108 S 15th Ave
Borrower City
Virginia
Borrower State
MN
Borrower Zip
55792-3409
Loan Status Date
10/19/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
6500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36814
Servicing Lender Name
Park State Bank
Servicing Lender Address
2630 W Superior St
Servicing Lender City
DULUTH
Servicing Lender State
Servicing Lender Zip
55806-1817
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SAINT LOUIS
Project State
Project Zip
CD
MN-08
Jobs Reported
1
NAICS Code
423910
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
6497.00
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
6542.38
Forgiveness Date
09/14/2021