PPP Loan information for Flat rate, inc

$635,265

Flat rate, inc was initially approved for PPP Loan of amount $635,265, the current approved amount is $635,265. The loan was approved on 04/14/2020 by The First Interstate Bank reported 54 jobs and $635,265 was used to fund payroll.

Flat rate, inc is Existing or more than 2 years old

FLAT RATE, INC

Date Approved

04/14/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FLAT RATE, INC

Borrower Address

14515 485th Ave

Borrower City

BIG STONE CITY

Borrower State

SD

Borrower Zip

57216

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

635265.00

Current Approval Amount

635265.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41844

Servicing Lender Name

First Interstate Bank

Servicing Lender Address

401 N 31st St

Servicing Lender City

BILLINGS

Servicing Lender State

MT

Servicing Lender Zip

59101-1200

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BIG STONE CITY

Project County Name

GRANT

Project State

SD

Project Zip

57216-0001

CD

SD-

Jobs Reported

54

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

635265.00

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

Subchapter S Corporation

Originating Lender Location Id

41844

Originating Lender

First Interstate Bank

Originating Lender City

BILLINGS

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

640747.42

Forgiveness Date

03/08/2021

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