Date Approved
01/19/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
TERASOTA PARTNERS, LLC
Borrower Address
202 N Cedar Ave
Borrower City
Owatonna
Borrower State
MN
Borrower Zip
55060-2306
Loan Status Date
12/17/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
40180.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38650
Servicing Lender Name
United Prairie Bank
Servicing Lender Address
1141 Third Ave
Servicing Lender City
MOUNTAIN LAKE
Servicing Lender State
Servicing Lender Zip
56159-1594
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STEELE
Project State
Project Zip
CD
MN-01
Jobs Reported
2
NAICS Code
541611
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
40179.00
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
Veteran
Non Profit
Forgiveness Amount
40525.66
Forgiveness Date
12/08/2021