Date Approved
04/28/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
RON'S ELECTRIC MOTOR REPAIR OF BLUE EARTH, INC.
Borrower Address
1005 N Main St.
Borrower City
BLUE EARTH
Borrower State
MN
Borrower Zip
56013-1800
Loan Status Date
03/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
16323.95
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36666
Servicing Lender Name
First Bank Blue Earth
Servicing Lender Address
306 S Main St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
56013-2016
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FARIBAULT
Project State
Project Zip
CD
MN-01
Jobs Reported
4
NAICS Code
335312
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1040.49
Payroll Proceed
12242.97
Mortgage Interest Proceed
2040.49
Rent Proceed
1000.00
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
16358.30
Forgiveness Date
02/10/2021