Date Approved
01/22/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
KLOSTER INDUSTRIAL ASSETS INC.
Borrower Address
606 25th Ave S Ste 104
Borrower City
Saint Cloud
Borrower State
MN
Borrower Zip
56301-4810
Loan Status Date
08/10/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
94675.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36601
Servicing Lender Name
Lake Central Bank
Servicing Lender Address
40 Chestnut St W
Servicing Lender City
ANNANDALE
Servicing Lender State
Servicing Lender Zip
55302
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STEARNS
Project State
Project Zip
CD
MN-06
Jobs Reported
7
NAICS Code
541990
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
95108.93
Forgiveness Date
07/14/2021