Date Approved
04/07/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
GERKEN ENTERTAINMENT VENTURES, INC.
Borrower Address
104 North Washington St.
Borrower City
LAKE CITY
Borrower State
MN
Borrower Zip
55041-1024
Loan Status Date
02/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
116900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38294
Servicing Lender Name
Alliance Bank
Servicing Lender Address
105 E Lyon Ave
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
55041-1013
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WABASHA
Project State
Project Zip
CD
MN-01
Jobs Reported
40
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
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
Veteran
Non Profit
Forgiveness Amount
117741.03
Forgiveness Date
01/07/2021