Date Approved
04/06/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
RHONDA J. MAGNUSSEN LLC
Borrower Address
318 Jackson Ave NW STE A
Borrower City
ELK RIVER
Borrower State
MN
Borrower Zip
55330-1518
Loan Status Date
01/15/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
21300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38033
Servicing Lender Name
First Bank Elk River
Servicing Lender Address
812 Main St NW
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
55330-1575
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHERBURNE
Project State
Project Zip
CD
MN-06
Jobs Reported
2
NAICS Code
541110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
2130.00
Payroll Proceed
15975.00
Mortgage Interest Proceed
Rent Proceed
3195.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
21434.90
Forgiveness Date
11/30/2020