Date Approved
04/16/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
NORTHERN EROSION LLC
Borrower Address
4188 Le Seuer Ave
Borrower City
NEW PRAGUE
Borrower State
MN
Borrower Zip
56071
Loan Status Date
02/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
11232.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38689
Servicing Lender Name
Frandsen Bank & Trust
Servicing Lender Address
116 W Central St
Servicing Lender City
LONSDALE
Servicing Lender State
Servicing Lender Zip
55046-9626
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SCOTT
Project State
Project Zip
56071-0001
CD
MN-02
Jobs Reported
1
NAICS Code
484230
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1123.20
Payroll Proceed
8424.00
Mortgage Interest Proceed
1684.80
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
11310.78
Forgiveness Date
01/07/2021