Date Approved
06/29/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
REFRIGERATION SYSTEMS OF ALBERT LEA, INC.
Borrower Address
120 COLUMBUS AVE
Borrower City
ALBERT LEA
Borrower State
MN
Borrower Zip
56007-3755
Loan Status Date
06/22/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
28151.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38215
Servicing Lender Name
Arcadian Bank
Servicing Lender Address
601 N Broadway
Servicing Lender City
HARTLAND
Servicing Lender State
Servicing Lender Zip
56042-9782
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FREEBORN
Project State
Project Zip
CD
MN-01
Jobs Reported
3
NAICS Code
423740
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1000.00
Payroll Proceed
23151.00
Mortgage Interest Proceed
Rent Proceed
4000.00
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
28380.84
Forgiveness Date
05/04/2021