Date Approved
03/24/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
LORENCE'S BERRY FARM INC
Borrower Address
28625 Foliage Ave
Borrower City
Northfield
Borrower State
MN
Borrower Zip
55057-5107
Loan Status Date
04/20/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
35000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36715
Servicing Lender Name
Castle Rock Bank
Servicing Lender Address
27925 Danville Ave
Servicing Lender City
CASTLE ROCK
Servicing Lender State
Servicing Lender Zip
55010
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DAKOTA
Project State
Project Zip
CD
MN-02
Jobs Reported
29
NAICS Code
111334
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
34995.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
35289.72
Forgiveness Date
01/19/2022