Date Approved
01/20/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
SELAM HOSPITALITY SERVICES INC.
Borrower Address
20503 Cypress Dr
Borrower City
Farmington
Borrower State
MN
Borrower Zip
55024-7320
Loan Status Date
08/07/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
215103.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
378576
Servicing Lender Name
Lakeview Bank
Servicing Lender Address
9725 163rd St West
Servicing Lender City
LAKEVILLE
Servicing Lender State
Servicing Lender Zip
55044-4719
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DAKOTA
Project State
Project Zip
CD
MN-02
Jobs Reported
25
NAICS Code
722310
Race
Black or African American
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
215102.00
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
216148.64
Forgiveness Date
07/28/2021