Date Approved
04/03/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
ELEMENTS SALON & SPA
Borrower Address
1421 NW 4th St
Borrower City
Grand Rapids
Borrower State
MN
Borrower Zip
55744-2211
Loan Status Date
09/15/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
30000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38785
Servicing Lender Name
Woodland Bank
Servicing Lender Address
217 Main Ave East
Servicing Lender City
DEER RIVER
Servicing Lender State
Servicing Lender Zip
56636-8737
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
5
NAICS Code
812112
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
29997.00
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
30113.33
Forgiveness Date
08/23/2021