On September 9, 2001, at 0845 central daylight time, a Cessna 150M, N6142K, sustained substantial damage during takeoff when it settled back to the runway and veered off the left side of runway 16 (4,001 feet by 100 feet, dry asphalt) at the South St. Paul Airport/Fleming Field (SGS), South St. Paul, Minnesota. The solo student pilot was not injured. The 14 CFR Part 91 local instructional flight was originating from SGS and the student pilot was intending to practice takeoffs and landings. Visual meteorological conditions prevailed at the time of the accident. No flight plan was filed. The student pilot reported the ailerons were into the wind when he pushed the throttle forward for takeoff. He reported the airplane started to lift off and then, "...the nose went to the left and right wing came up [and] slammed back to ground [.] rolled about 500 feet [and] prop struck as nosewheel broke and skidded to a stop 110' later." The airplane came to rest 426 feet southeast of the middle taxiway on the grass to the left of runway 16. The nose landing gear was folded rearward and the airplane was resting on its main landing gear wheels and the engine cowling. The student pilot reported that there was no mechanical malfunction to the airplane. He had a total of 18 flight hours.