Date Approved
04/29/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
LAKESIDE TAVERN OF DETROIT LAKES INC.
Borrower Address
200 W Lake Dr
Borrower City
Detroit Lakes
Borrower State
MN
Borrower Zip
56501-3917
Loan Status Date
08/05/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
175381.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39006
Servicing Lender Name
Midwest Bank
Servicing Lender Address
613 Hwy 10 E
Servicing Lender City
DETROIT LAKES
Servicing Lender State
Servicing Lender Zip
56501-4127
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BECKER
Project State
Project Zip
CD
MN-07
Jobs Reported
72
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
175379.00
Mortgage Interest Proceed
Rent Proceed
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
Unanswered
Veteran
Non Profit
Forgiveness Amount
175731.76
Forgiveness Date
07/16/2021