Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
WISE ACE HARDWARE, INC.
Borrower Address
210 S WASHINGTON ST
Borrower City
LAKE CITY
Borrower State
MN
Borrower Zip
55041-1036
Loan Status Date
02/05/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
40200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Ace Hardware
Servicing Lender Location Id
38650
Servicing Lender Name
United Prairie Bank
Servicing Lender Address
1141 Third Ave
Servicing Lender City
MOUNTAIN LAKE
Servicing Lender State
Servicing Lender Zip
56159-1594
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WABASHA
Project State
Project Zip
CD
MN-01
Jobs Reported
17
NAICS Code
444130
Race
White
Ethnicity
Not Hispanic or Latino
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
Unanswered
Non Profit
Forgiveness Amount
40491.86
Forgiveness Date
01/26/2021