Date Approved
04/13/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
PEDER B. MORSE, P.A.
Borrower Address
1420 London Road, Suite 208
Borrower City
Duluth
Borrower State
MN
Borrower Zip
55805-2422
Loan Status Date
02/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
58885.00
Current Approval Amount
48885.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36821
Servicing Lender Name
Western National Bank
Servicing Lender Address
201 N Central Ave
Servicing Lender City
DULUTH
Servicing Lender State
Servicing Lender Zip
55807-2404
Rural Urban Indicator
R
Hubzone Indicator
Y
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
7
NAICS Code
621210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
885.00
Payroll Proceed
38000.00
Mortgage Interest Proceed
5000.00
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
49244.85
Forgiveness Date
01/07/2021