Date Approved
03/20/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
LAKES EROSION SERVICES INC
Borrower Address
16882 310th St
Borrower City
New Prague
Borrower State
MN
Borrower Zip
56071-4593
Loan Status Date
11/02/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
67800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
66463
Servicing Lender Name
First Bank & Trust
Servicing Lender Address
520 6th St
Servicing Lender City
BROOKINGS
Servicing Lender State
SD
Servicing Lender Zip
57006-2028
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LE SUEUR
Project State
Project Zip
CD
MN-02
Jobs Reported
12
NAICS Code
561730
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
Male Owned
Veteran
Non Profit
Forgiveness Amount
68073.08
Forgiveness Date
08/17/2021