Date Approved
04/03/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
KARLSBURGER FOODS, INC
Borrower Address
3236 CHELSEA ROAD WEST
Borrower City
MONTICELLO
Borrower State
MN
Borrower Zip
55362-4667
Loan Status Date
02/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
604700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
124444
Servicing Lender Name
BankVista
Servicing Lender Address
125 Twin Rivers Ct
Servicing Lender City
SARTELL
Servicing Lender State
Servicing Lender Zip
56377-2144
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WRIGHT
Project State
Project Zip
CD
MN-06
Jobs Reported
32
NAICS Code
311991
Race
White
Ethnicity
Not Hispanic or Latino
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
609537.60
Forgiveness Date
01/27/2021