Date Approved
06/22/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
LAKES AREA FOOD SERVICE, LLC
Borrower Address
1504 BROADWAY
Borrower City
ALEXANDRIA
Borrower State
MN
Borrower Zip
56308-0001
Loan Status Date
03/18/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
37370.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
77898
Servicing Lender Name
Gate City Bank
Servicing Lender Address
500 2nd Ave N
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58102-4864
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DOUGLAS
Project State
Project Zip
CD
MN-07
Jobs Reported
10
NAICS Code
722511
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
37600.45
Forgiveness Date
02/02/2021