Date Approved
04/27/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
TERRENE DEVELOPMENT LLC
Borrower Address
2809 ALICE ST
Borrower City
GRAND RAPIDS
Borrower State
MN
Borrower Zip
55744-8636
Loan Status Date
02/05/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
41300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38785
Servicing Lender Name
Woodland Bank
Servicing Lender Address
217 Main Ave East
Servicing Lender City
DEER RIVER
Servicing Lender State
Servicing Lender Zip
56636-8737
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
ITASCA
Project State
Project Zip
CD
MN-08
Jobs Reported
6
NAICS Code
238110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
41587.95
Forgiveness Date
01/07/2021