Date Approved
04/08/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
FORBES OIL, L.L.C.
Borrower Address
56306 Co Hwy 44
Borrower City
Park Rapids
Borrower State
MN
Borrower Zip
56470
Loan Status Date
08/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
99187.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
99703
Servicing Lender Name
TruStar FCU
Servicing Lender Address
601 4th St
Servicing Lender City
INTERNATIONAL FALLS
Servicing Lender State
Servicing Lender Zip
56649-2436
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HUBBARD
Project State
Project Zip
56470-0001
CD
MN-07
Jobs Reported
7
NAICS Code
484121
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
99185.00
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
100459.90
Forgiveness Date
07/22/2021