Date Approved
04/06/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
ART, LLC
Borrower Address
7999 Victoria Drive
Borrower City
VICTORIA
Borrower State
MN
Borrower Zip
55386-7728
Loan Status Date
06/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
256750.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36775
Servicing Lender Name
Minnesota Lakes Bank
Servicing Lender Address
710 Babcock Blvd East
Servicing Lender City
DELANO
Servicing Lender State
Servicing Lender Zip
55328-8602
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CARVER
Project State
Project Zip
CD
MN-06
Jobs Reported
10
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
12838.00
Payroll Proceed
192562.00
Mortgage Interest Proceed
Rent Proceed
51350.00
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
259595.65
Forgiveness Date
05/21/2021