Date Approved
05/29/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
THE LOCAL BOY, INC.
Borrower Address
P.O. Box 765
Borrower City
GRAND RAPIDS
Borrower State
MN
Borrower Zip
55744
Loan Status Date
10/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
18837.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
36772
Servicing Lender Name
Deerwood Bank
Servicing Lender Address
131 6th Ave South, Ste 100
Servicing Lender City
WAITE PARK
Servicing Lender State
Servicing Lender Zip
56387-1360
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Unanswered
Project City
Project County Name
ITASCA
Project State
Project Zip
55744-0001
CD
MN-08
Jobs Reported
3
NAICS Code
562111
Race
White
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
19047.87
Forgiveness Date
07/07/2021