Date Approved
03/26/2021
SBA Office Code
0508
Processing Method
PPP
Borrower Name
SMEDSRUD INC.
Borrower Address
112 E Lincoln Ave
Borrower City
Fergus Falls
Borrower State
MN
Borrower Zip
56537-2217
Loan Status Date
12/01/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
18265.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
52771
Servicing Lender Name
Bell Bank
Servicing Lender Address
3100 13th Ave South
Servicing Lender City
FARGO
Servicing Lender State
ND
Servicing Lender Zip
58103-3507
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
1
NAICS Code
531311
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
18261.00
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
Veteran
Non Profit
Forgiveness Amount
18360.38
Forgiveness Date
10/14/2021