Date Approved
01/22/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
DIGITAL AUDIO LABS
Borrower Address
1266 Park Rd
Borrower City
Chanhassen
Borrower State
MN
Borrower Zip
55317-9260
Loan Status Date
05/13/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
168100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
21641
Servicing Lender Name
Old National Bank
Servicing Lender Address
One Main St
Servicing Lender City
EVANSVILLE
Servicing Lender State
IN
Servicing Lender Zip
47708-1449
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
11
NAICS Code
334310
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
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Unanswered
Veteran
Non Profit
Forgiveness Amount
170089.57
Forgiveness Date
04/05/2022