Clarkfield EDA Regular Meeting Agenda April 27, 2026
Oasis Mexican Restaurant Delinquent EDA Loan Reported
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Description
The Clarkfield EDA continues to carry a delinquent revolving loan to Oasis Mexican Restaurant with a current balance of $16,638.27 and monthly payments of $512.33. The loan originated in April 2024 with a subsequent extension in November 2024.
Contract Details
Contract Amount
$17,664.27 original; $16,638.27 current balance
Vendor
OASIS MEXICAN RESTAURANT
Agency
HRA OF CLARKFIELD, MINNESOTA, MN
Contract Type
FINANCIAL_SERVICES
Document Date
April 26, 2026
Renewal Info
Loan application dated 4/22/2024 with an extension on 11/15/2024; currently listed as delinquent in the loan status report.
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