Date Approved
05/22/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
FARIBAULT LAUNDRY LLC
Borrower Address
200 WESTERN AVE
Borrower City
FARIBAULT
Borrower State
MN
Borrower Zip
55021-4510
Loan Status Date
07/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
16796.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38215
Servicing Lender Name
Arcadian Bank
Servicing Lender Address
601 N Broadway
Servicing Lender City
HARTLAND
Servicing Lender State
Servicing Lender Zip
56042-9782
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RICE
Project State
Project Zip
CD
MN-01
Jobs Reported
2
NAICS Code
812310
Race
Unanswered
Ethnicity
Unknown/NotStated
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
Female Owned
Veteran
Non Profit
Forgiveness Amount
16960.74
Forgiveness Date
06/01/2021