Date Approved
01/16/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
NORTH HOUSE FOLK SCHOOL
Borrower Address
500 W Highway 61
Borrower City
Grand Marais
Borrower State
MN
Borrower Zip
55604-2348
Loan Status Date
08/18/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
155792.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38186
Servicing Lender Name
Grand Marais State Bank
Servicing Lender Address
211 E Hwy 61
Servicing Lender City
GRAND MARAIS
Servicing Lender State
Servicing Lender Zip
55604-4403
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
COOK
Project State
Project Zip
CD
MN-08
Jobs Reported
14
NAICS Code
611699
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
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Y
Forgiveness Amount
156554.15
Forgiveness Date
07/21/2021