Date Approved
04/04/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
TIMELESS ELEMENTS MED SPA AND LASER CENTER, INC
Borrower Address
608 Lake Street S
Borrower City
FOREST LAKE
Borrower State
MN
Borrower Zip
55025-2509
Loan Status Date
01/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
129100.00
Current Approval Amount
114259.00
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
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHINGTON
Project State
Project Zip
CD
MN-08
Jobs Reported
7
NAICS Code
812199
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
9269.00
Payroll Proceed
96825.00
Mortgage Interest Proceed
Rent Proceed
8165.00
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
104884.55
Forgiveness Date
11/19/2020