Date Approved
04/06/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
LAKES AREA DOCKS AND LIFTS OF BRAINERD AND CROSS LAKE INC
Borrower Address
24548 225TH AVE
Borrower City
FERGUS FALLS
Borrower State
MN
Borrower Zip
56537-8173
Loan Status Date
03/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
40800.00
Current Approval Amount
41500.00
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
81371
Servicing Lender Name
American Federal Bank
Servicing Lender Address
215 5th St N
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58102-4867
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OTTER TAIL
Project State
Project Zip
CD
MN-07
Jobs Reported
8
NAICS Code
453998
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
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
41821.62
Forgiveness Date
02/02/2021