Date Approved
04/06/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
ERDALE INC.
Borrower Address
740 ELM ST E
Borrower City
ANNANDALE
Borrower State
MN
Borrower Zip
55302-1151
Loan Status Date
02/16/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
40200.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Subway
Servicing Lender Location Id
36651
Servicing Lender Name
Star Bank
Servicing Lender Address
100 State Hwy 55 E
Servicing Lender City
MAPLE LAKE
Servicing Lender State
Servicing Lender Zip
55358-4596
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WRIGHT
Project State
Project Zip
CD
MN-06
Jobs Reported
11
NAICS Code
722513
Race
Unanswered
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
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
40607.58
Forgiveness Date
04/19/2021