Date Approved
04/28/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SKOGLUND ELECTRIC, LLC
Borrower Address
17 SESHOE DR
Borrower City
GRAND RAPIDS
Borrower State
MN
Borrower Zip
55744-9734
Loan Status Date
06/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
17581.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38190
Servicing Lender Name
Grand Rapids State Bank
Servicing Lender Address
523 NW 1st Ave
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
55744-2618
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ITASCA
Project State
Project Zip
CD
MN-08
Jobs Reported
3
NAICS Code
238210
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
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
17764.14
Forgiveness Date
05/17/2021