Date Approved
01/16/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
LAVALLEY INDUSTRIES, LLC
Borrower Address
1876 23rd St SE
Borrower City
Bemidji
Borrower State
MN
Borrower Zip
56601-9012
Loan Status Date
08/05/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
423482.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
39006
Servicing Lender Name
Midwest Bank
Servicing Lender Address
613 Hwy 10 E
Servicing Lender City
DETROIT LAKES
Servicing Lender State
Servicing Lender Zip
56501-4127
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BELTRAMI
Project State
Project Zip
CD
MN-08
Jobs Reported
30
NAICS Code
333132
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
423480.00
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
425698.03
Forgiveness Date
07/30/2021