Date Approved
01/16/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
LANO, O'TOOLE & BENGTSON, LTD.
Borrower Address
515 NE 2nd Ave
Borrower City
Grand Rapids
Borrower State
MN
Borrower Zip
55744-2801
Loan Status Date
07/07/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
28877.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38190
Servicing Lender Name
Grand Rapids State Bank
Servicing Lender Address
523 NW 1st Ave
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
55744-2618
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ITASCA
Project State
Project Zip
CD
MN-08
Jobs Reported
2
NAICS Code
541110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
28876.50
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
Male Owned
Veteran
Non Profit
Forgiveness Amount
28992.21
Forgiveness Date
06/15/2021