Date Approved
02/18/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
GLACIAL RIDGE INC.
Borrower Address
310 Oak St S
Borrower City
New London
Borrower State
MN
Borrower Zip
56273-8661
Loan Status Date
09/24/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
96877.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38669
Servicing Lender Name
Lake Region Bank
Servicing Lender Address
51 Main St
Servicing Lender City
NEW LONDON
Servicing Lender State
Servicing Lender Zip
56273
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KANDIYOHI
Project State
Project Zip
CD
MN-07
Jobs Reported
7
NAICS Code
238990
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
96876.00
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
97374.84
Forgiveness Date
08/27/2021