Date Approved
04/08/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
ST CLOUD ACOUSTICS INC
Borrower Address
30762 Pearl Dr
Borrower City
Saint Joseph
Borrower State
MN
Borrower Zip
56374-4664
Loan Status Date
01/07/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
400182.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38828
Servicing Lender Name
Sentry Bank
Servicing Lender Address
400 4th Ave NE
Servicing Lender City
SAINT JOSEPH
Servicing Lender State
Servicing Lender Zip
56374-8644
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
STEARNS
Project State
Project Zip
CD
MN-06
Jobs Reported
15
NAICS Code
238310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
400180.50
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
403128.29
Forgiveness Date
01/03/2022