Date Approved
04/07/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
NUVERA COMMUNICATIONS, INC.
Borrower Address
27 North MINNESOTA ST
Borrower City
NEW ULM
Borrower State
MN
Borrower Zip
56073-1727
Loan Status Date
03/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
2889000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38679
Servicing Lender Name
Citizens Bank Minnesota
Servicing Lender Address
105 N Minnesota St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
56073-1729
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BROWN
Project State
Project Zip
CD
MN-01
Jobs Reported
197
NAICS Code
517311
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
2912433.00
Forgiveness Date
02/03/2021