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KARLSTAD INSURANCE AGENCY, INC.

Company Details

Name: KARLSTAD INSURANCE AGENCY, INC.
Jurisdiction: Minnesota
Legal type: Business Corporation (Domestic)
Status: Active / In Good Standing
Date formed: 01 May 1970 (55 years ago)
Company Number: bb671349-a8d4-e011-a886-001ec94ffe7f
File Number: 1V-472
Registered Office Address: 201 S Main PO Bx 140, Karlstad, MN 56732, USA
Principal Executive Office Address: 201 S Main, PO Box 140, Karlstad, MN 56732, USA
ZIP code: 56732
County: Kittson County
Place of Formation: Minnesota

Chief Executive Officer

Name Role Address
Rachel Prosser Chief Executive Officer 201 S Main, PO Box 140, Karlstad, MN 56732–0140, USA

Filing

Filing Name Filing date
Registered Office and/or Agent - Business Corporation (Domestic) 2001-07-23
Business Corporation (Domestic) Restated Articles 1983-05-26
Business Corporation (Domestic) Business Name (Business Name: KARLSTAD INSURANCE AGENCY, INC.) 1983-05-26
Business Corporation (Domestic) Active Status Report 1979-12-27
Business Corporation (Domestic) Change of Shares 1975-01-09
Business Corporation (Domestic) Business Name (Business Name: Folland Agency, Inc.) 1972-09-01
Original Filing - Business Corporation (Domestic) 1970-05-01
Business Corporation (Domestic) Business Name (Business Name: Karlstad Opportunities, Inc.) 1970-05-01

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
1733487109 2020-04-10 0508 PPP 201 S MAIN, KARLSTAD, MN, 56732-0000
Loan Status Date 2021-02-18
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 53400
Loan Approval Amount (current) 53400
Undisbursed Amount 0
Franchise Name -
Lender Location ID 38270
Servicing Lender Name Prime Security Bank
Servicing Lender Address 201 Main St, KARLSTAD, MN, 56732
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address KARLSTAD, KITTSON, MN, 56732-0001
Project Congressional District MN-07
Number of Employees 4
NAICS code 524210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 38270
Originating Lender Name Prime Security Bank
Originating Lender Address KARLSTAD, MN
Gender Male Owned
Veteran Non-Veteran
Forgiveness Amount 53779.73
Forgiveness Paid Date 2021-01-07
4797998304 2021-01-23 0508 PPS 201 Main St S, Karlstad, MN, 56732-4003
Loan Status Date 2021-07-14
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 45400
Loan Approval Amount (current) 45400
Undisbursed Amount 0
Franchise Name -
Lender Location ID 38270
Servicing Lender Name Prime Security Bank
Servicing Lender Address 201 Main St, KARLSTAD, MN, 56732
Rural or Urban Indicator R
Hubzone N
LMI N
Business Age Description Existing or more than 2 years old
Project Address Karlstad, KITTSON, MN, 56732-4003
Project Congressional District MN-07
Number of Employees 4
NAICS code 524210
Borrower Race Unanswered
Borrower Ethnicity Unknown/NotStated
Business Type Subchapter S Corporation
Originating Lender ID 38270
Originating Lender Name Prime Security Bank
Originating Lender Address KARLSTAD, MN
Gender Unanswered
Veteran Unanswered
Forgiveness Amount 45571.51
Forgiveness Paid Date 2021-06-15

Date of last update: 09 Feb 2025

Sources: Minnesota's Official State Website