PPP Loan information for Bill rascher mechanical inc.

$124,314

Bill rascher mechanical inc. was initially approved for PPP Loan of amount $124,314, the current approved amount is $124,314. The loan was approved on 01/27/2021 by The Drake Bank reported 5 jobs and $124,314 was used to fund payroll.

Bill rascher mechanical inc. is Existing or more than 2 years old

PPP Loan Search / MN / Inver Grove Heights / Bill rascher mechanical inc.

BILL RASCHER MECHANICAL INC.

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

BILL RASCHER MECHANICAL INC.

Borrower Address

4921 Babcock Trl Ste 3

Borrower City

Inver Grove Heights

Borrower State

MN

Borrower Zip

55077-1229

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124314.10

Current Approval Amount

124314.10

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

MN

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

Inver Grove Heights

Project County Name

DAKOTA

Project State

MN

Project Zip

55077-1229

CD

MN-02

Jobs Reported

5

NAICS Code

238220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

124312.10

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

262368

Originating Lender

Drake Bank

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125246.46

Forgiveness Date

11/03/2021

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