Date Approved
01/29/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
EL LOROS INC.
Borrower Address
720 W Lake Dr
Borrower City
Detroit Lakes
Borrower State
MN
Borrower Zip
56501-3821
Loan Status Date
10/07/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
67300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
328519
Servicing Lender Name
Falcon National Bank
Servicing Lender Address
183 Cedar Dr
Servicing Lender City
FOLEY
Servicing Lender State
Servicing Lender Zip
56329-4401
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BECKER
Project State
Project Zip
CD
MN-07
Jobs Reported
9
NAICS Code
722511
Race
White
Ethnicity
Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
67298.00
Mortgage Interest Proceed
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
67713.02
Forgiveness Date
09/15/2021