Date Approved
02/14/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
REED ENGELSTAD
Borrower Address
1125 River Dr NE
Borrower City
Red Lake Falls
Borrower State
MN
Borrower Zip
56750-4301
Loan Status Date
08/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
29265.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52775
Servicing Lender Name
Border Bank
Servicing Lender Address
4530 17th Ave SW
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58103-8991
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
RED LAKE
Project State
Project Zip
CD
MN-07
Jobs Reported
3
NAICS Code
111191
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
29263.00
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
Veteran
Non Profit
Forgiveness Amount
29393.44
Forgiveness Date
07/28/2021