Date Approved
04/11/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
KIM LAU CONSTRUCTION LLC
Borrower Address
57324 230TH ST
Borrower City
WELLS
Borrower State
MN
Borrower Zip
56097-3995
Loan Status Date
02/11/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
8355.62
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38098
Servicing Lender Name
Frost State Bank
Servicing Lender Address
205 Main St
Servicing Lender City
FROST
Servicing Lender State
Servicing Lender Zip
56033
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FARIBAULT
Project State
Project Zip
CD
MN-01
Jobs Reported
2
NAICS Code
236115
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1253.34
Payroll Proceed
6684.50
Mortgage Interest Proceed
Rent Proceed
417.78
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 Profit
Forgiveness Amount
8419.45
Forgiveness Date
01/12/2021