Date Approved
03/27/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
SOTHON CORPORATION
Borrower Address
1209 Prospect Rd
Borrower City
Marshall
Borrower State
MN
Borrower Zip
56258-2066
Loan Status Date
01/15/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
14661.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38814
Servicing Lender Name
First Independent Bank
Servicing Lender Address
300 Front St
Servicing Lender City
RUSSELL
Servicing Lender State
Servicing Lender Zip
56169
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LYON
Project State
Project Zip
CD
MN-07
Jobs Reported
4
NAICS Code
722511
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
14659.00
Mortgage Interest Proceed
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
14769.33
Forgiveness Date
12/22/2021