Date Approved
04/07/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
GLS PROMOTIONS LLC
Borrower Address
18106 STATE HIGHWAY 371
Borrower City
BRAINERD
Borrower State
MN
Borrower Zip
56401-6822
Loan Status Date
03/05/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
160392.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36772
Servicing Lender Name
Deerwood Bank
Servicing Lender Address
131 6th Ave South, Ste 100
Servicing Lender City
WAITE PARK
Servicing Lender State
Servicing Lender Zip
56387-1360
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CROW WING
Project State
Project Zip
CD
MN-08
Jobs Reported
18
NAICS Code
424310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
4400.00
Payroll Proceed
143992.00
Mortgage Interest Proceed
Rent Proceed
12000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
151248.40
Forgiveness Date
11/05/2020