Date Approved
01/17/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
COTTAGES, LLC
Borrower Address
1845 Austin Rd
Borrower City
Owatonna
Borrower State
MN
Borrower Zip
55060-4611
Loan Status Date
01/12/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
420025.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38968
Servicing Lender Name
Community Bank Mankato
Servicing Lender Address
201 E Main St
Servicing Lender City
VERNON CENTER
Servicing Lender State
Servicing Lender Zip
56090
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STEELE
Project State
Project Zip
CD
MN-01
Jobs Reported
52
NAICS Code
623312
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
420020.00
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
423770.22
Forgiveness Date
12/09/2021