Date Approved
04/08/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
ADAM KING LLC
Borrower Address
725 BABCOCK BLVD
Borrower City
DELANO
Borrower State
MN
Borrower Zip
55328-4505
Loan Status Date
05/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
84500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36775
Servicing Lender Name
Minnesota Lakes Bank
Servicing Lender Address
710 Babcock Blvd East
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
55328-8602
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WRIGHT
Project State
Project Zip
CD
MN-06
Jobs Reported
4
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
4552.00
Payroll Proceed
73989.00
Mortgage Interest Proceed
Rent Proceed
5000.00
Refinance EIDL Proceed
Health Care Proceed
959.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
85319.18
Forgiveness Date
04/02/2021