Date Approved
04/29/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
STRAIT AND BALLARD FURNITURE AND FUNERAL HOMES INC
Borrower Address
104 FIRST STREET WEST
Borrower City
JORDAN
Borrower State
MN
Borrower Zip
55352
Loan Status Date
05/13/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
110000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38689
Servicing Lender Name
Frandsen Bank & Trust
Servicing Lender Address
116 W Central St
Servicing Lender City
LONSDALE
Servicing Lender State
Servicing Lender Zip
55046-9626
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SCOTT
Project State
Project Zip
55352-0001
CD
MN-02
Jobs Reported
7
NAICS Code
812210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
82500.00
Mortgage Interest Proceed
27500.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
111009.59
Forgiveness Date
04/08/2021