A St. Cloud, Minn., bank is reportedly suing Jordan Sands and the Coughlan family after it says they defaulted on a $22 million loan, according to the Mankata Free Press. Stearns Bank said they are still owed $18.5 million and that Jordan Sands is insolvent or in imminent danger of insolvency.
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Northern Oak Seeks Restitution from Northern Sands
Northern Oak Proppants LLC of Minneapolis filed a lawsuit Aug. 10 against Northern Sands LLC of Winona, Minn., according to The Chippewa Herald.
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