Date Approved
02/02/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
LABOR ARBITRATION INSTITUTE INC
Borrower Address
205 Water St S Ste 2
Borrower City
Northfield
Borrower State
MN
Borrower Zip
55057-1759
Loan Status Date
01/21/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
54590.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38698
Servicing Lender Name
Community Resource Bank
Servicing Lender Address
1605 Heritage Dr
Servicing Lender City
NORTHFIELD
Servicing Lender State
Servicing Lender Zip
55057-3265
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
RICE
Project State
Project Zip
CD
MN-02
Jobs Reported
3
NAICS Code
611430
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
54589.00
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
Veteran
Non Profit
Forgiveness Amount
37903.05
Forgiveness Date
01/03/2022