Date Approved
04/13/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
ARROWHEAD PROMOTION & FULFILLM
Borrower Address
1105 SE 8th ST
Borrower City
GRAND RAPIDS
Borrower State
MN
Borrower Zip
55744-4082
Loan Status Date
04/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1630600.00
Current Approval Amount
1506400.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36814
Servicing Lender Name
Park State Bank
Servicing Lender Address
2630 W Superior St
Servicing Lender City
DULUTH
Servicing Lender State
Servicing Lender Zip
55806-1817
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ITASCA
Project State
Project Zip
CD
MN-08
Jobs Reported
250
NAICS Code
541870
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
75210.00
Payroll Proceed
1205120.00
Mortgage Interest Proceed
226070.00
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1520920.02
Forgiveness Date
03/31/2021