Date Approved
04/04/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
ALDERON INDUSTRIES, LLC
Borrower Address
151 16th St S
Borrower City
HAWLEY
Borrower State
MN
Borrower Zip
56549-8500
Loan Status Date
10/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
598000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52771
Servicing Lender Name
Bell Bank
Servicing Lender Address
3100 13th Ave South
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58103-3507
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CLAY
Project State
Project Zip
CD
MN-07
Jobs Reported
67
NAICS Code
333914
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
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
606754.06
Forgiveness Date
09/27/2021