Date Approved
04/08/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
BILL RASCHER MECHANICAL
Borrower Address
4921 Babcock Trail Ste C
Borrower City
INVER GROVE HEIGHTS
Borrower State
MN
Borrower Zip
55077-1223
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
121903.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
262368
Servicing Lender Name
Drake Bank
Servicing Lender Address
60 E Plato Blvd, Ste 100
Servicing Lender City
SAINT PAUL
Servicing Lender State
Servicing Lender Zip
55107-1828
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
DAKOTA
Project State
Project Zip
CD
MN-02
Jobs Reported
5
NAICS Code
238220
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
117955.00
Mortgage Interest Proceed
Rent Proceed
3948.00
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
122800.34
Forgiveness Date
01/07/2021