Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
ROCHESTER AREA APPRAISALS, INC
Borrower Address
2519 Commerce Dr NW #200
Borrower City
ROCHESTER
Borrower State
MN
Borrower Zip
55901-4434
Loan Status Date
05/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
75490.60
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36611
Servicing Lender Name
Sterling State Bank
Servicing Lender Address
1419 1st Ave SW
Servicing Lender City
AUSTIN
Servicing Lender State
Servicing Lender Zip
55912-1603
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Unanswered
Project City
Project County Name
OLMSTED
Project State
Project Zip
CD
MN-01
Jobs Reported
7
NAICS Code
531320
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
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 Profit
Forgiveness Amount
76241.31
Forgiveness Date
04/22/2021