Date Approved
04/10/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
ACRES FOR LIFE - THERAPY & WELLNESS CENTER
Borrower Address
18323 July Ave. N
Borrower City
FOREST LAKE
Borrower State
MN
Borrower Zip
55025-9788
Loan Status Date
08/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
20900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
434662
Servicing Lender Name
First Resource Bank
Servicing Lender Address
7449 Village Dr
Servicing Lender City
LINO LAKES
Servicing Lender State
Servicing Lender Zip
55014-1181
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHINGTON
Project State
Project Zip
CD
MN-08
Jobs Reported
3
NAICS Code
624310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
16708.50
Mortgage Interest Proceed
Rent Proceed
4191.50
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Y
Forgiveness Amount
21076.36
Forgiveness Date
02/23/2021