Date Approved
05/21/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
TODD FOBBE ELECTRIC, INC.
Borrower Address
6115 COUNTY ROAD 11
Borrower City
MAPLE PLAIN
Borrower State
MN
Borrower Zip
55359
Loan Status Date
08/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
5000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99711
Servicing Lender Name
Magnifi Financial CU
Servicing Lender Address
20 4th Ave E
Servicing Lender City
MELROSE
Servicing Lender State
Servicing Lender Zip
56352-1356
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
HENNEPIN
Project State
Project Zip
55359-0001
CD
MN-03
Jobs Reported
1
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
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
5057.53
Forgiveness Date
07/19/2021