Date Approved
04/29/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
ALBERT LEA AIRPORT, INC.
Borrower Address
408 Airport Rd.
Borrower City
ALBERT LEA
Borrower State
MN
Borrower Zip
56007-2081
Loan Status Date
04/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
12516.40
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38247
Servicing Lender Name
Produce State Bank
Servicing Lender Address
109 Park Ave
Servicing Lender City
HOLLANDALE
Servicing Lender State
Servicing Lender Zip
56045-4429
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FREEBORN
Project State
Project Zip
CD
MN-01
Jobs Reported
3
NAICS Code
488119
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
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
12625.79
Forgiveness Date
03/25/2021