Date Approved
04/09/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
MRAK, LLC
Borrower Address
371 CANAL PARK DR Ste 210
Borrower City
DULUTH
Borrower State
MN
Borrower Zip
55802-2312
Loan Status Date
12/10/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
70500.00
Current Approval Amount
145200.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36718
Servicing Lender Name
21st Century Bank
Servicing Lender Address
699 N Medina St
Servicing Lender City
LORETTO
Servicing Lender State
Servicing Lender Zip
55357-9595
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
SAINT LOUIS
Project State
Project Zip
CD
MN-08
Jobs Reported
10
NAICS Code
541511
Race
White
Ethnicity
Not Hispanic or Latino
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
145958.27
Forgiveness Date
11/03/2020