Date Approved
01/22/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
ADVANCED RESEARCH CORPORATION
Borrower Address
4459 White Bear Pkwy
Borrower City
White Bear Lake
Borrower State
MN
Borrower Zip
55110-7626
Loan Status Date
06/03/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
269457.82
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38841
Servicing Lender Name
BankCherokee
Servicing Lender Address
607 S Smith Ave
Servicing Lender City
SAINT PAUL
Servicing Lender State
Servicing Lender Zip
55107-2617
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RAMSEY
Project State
Project Zip
CD
MN-04
Jobs Reported
26
NAICS Code
334413
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
269456.82
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
273020.65
Forgiveness Date
05/17/2022