Date Approved
01/20/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
NICHOLS INN R.W. LLC
Borrower Address
1951 S Oak St
Borrower City
Lake City
Borrower State
MN
Borrower Zip
55041-1938
Loan Status Date
10/06/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
63931.10
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25556
Servicing Lender Name
Waukon State Bank
Servicing Lender Address
22 W Main St
Servicing Lender City
WAUKON
Servicing Lender State
IA
Servicing Lender Zip
52172-1645
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WABASHA
Project State
Project Zip
CD
MN-01
Jobs Reported
7
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
63928.10
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
64373.29
Forgiveness Date
09/29/2021