Date Approved
04/10/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
PARK RAPIDS AVIONICS, INC
Borrower Address
301 AIRPORT RD
Borrower City
PARK RAPIDS
Borrower State
MN
Borrower Zip
56470-1812
Loan Status Date
12/16/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
255900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38085
Servicing Lender Name
Northview Bank
Servicing Lender Address
510 Main St
Servicing Lender City
SANDSTONE
Servicing Lender State
Servicing Lender Zip
55072
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HUBBARD
Project State
Project Zip
CD
MN-07
Jobs Reported
21
NAICS Code
488119
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
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
257295.18
Forgiveness Date
11/03/2020