Date Approved
01/16/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
OPTIONS, INC.
Borrower Address
16820 197th Ave NW
Borrower City
Big Lake
Borrower State
MN
Borrower Zip
55309-4828
Loan Status Date
07/08/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
387480.75
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38878
Servicing Lender Name
Sherburne State Bank
Servicing Lender Address
12500 Sherburne Ave
Servicing Lender City
BECKER
Servicing Lender State
Servicing Lender Zip
55308
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHERBURNE
Project State
Project Zip
CD
MN-06
Jobs Reported
33
NAICS Code
624120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
387479.75
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
388976.86
Forgiveness Date
06/15/2021