Date Approved
04/04/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
LERNER PUBLISHING GROUP, INC.
Borrower Address
241 First Ave N
Borrower City
MINNEAPOLIS
Borrower State
MN
Borrower Zip
55401-1607
Loan Status Date
06/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1408200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36814
Servicing Lender Name
Park State Bank
Servicing Lender Address
2630 W Superior St
Servicing Lender City
DULUTH
Servicing Lender State
Servicing Lender Zip
55806-1817
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENNEPIN
Project State
Project Zip
CD
MN-05
Jobs Reported
107
NAICS Code
519130
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
70000.00
Payroll Proceed
1128200.00
Mortgage Interest Proceed
Rent Proceed
210000.00
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
1422089.10
Forgiveness Date
04/12/2021