Date Approved
01/21/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
RINGNECK RESTAURANTS INC
Borrower Address
137 2nd Ave S
Borrower City
Waite Park
Borrower State
MN
Borrower Zip
56387-1323
Loan Status Date
03/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
1786138.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25313
Servicing Lender Name
NSB Bank
Servicing Lender Address
2650 4th St SW
Servicing Lender City
MASON CITY
Servicing Lender State
IA
Servicing Lender Zip
50401-4651
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STEARNS
Project State
Project Zip
CD
MN-06
Jobs Reported
138
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
1786135.00
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
1805140.52
Forgiveness Date
02/10/2022