Date Approved
03/13/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
ART, LLC
Borrower Address
7999 Victoria Dr
Borrower City
Victoria
Borrower State
MN
Borrower Zip
55386-7728
Loan Status Date
10/15/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
345320.00
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
DELANO
Servicing Lender State
Servicing Lender Zip
55328-8602
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CARVER
Project State
Project Zip
CD
MN-06
Jobs Reported
76
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
345315.00
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
346941.09
Forgiveness Date
09/08/2021