Date Approved
02/18/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
EL LORO MEXICAN RESTAURANT INC.
Borrower Address
1001 Division St
Borrower City
Waite Park
Borrower State
MN
Borrower Zip
56387-1047
Loan Status Date
10/07/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
51600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
328519
Servicing Lender Name
Falcon National Bank
Servicing Lender Address
183 Cedar Dr
Servicing Lender City
FOLEY
Servicing Lender State
Servicing Lender Zip
56329-4401
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STEARNS
Project State
Project Zip
CD
MN-06
Jobs Reported
9
NAICS Code
722511
Race
White
Ethnicity
Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
51598.00
Mortgage Interest Proceed
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
51884.15
Forgiveness Date
09/15/2021