PPP Loan information for House red wing, inc.

$488,600

House red wing, inc. was initially approved for PPP Loan of amount $488,600, the current approved amount is $488,600. The loan was approved on 04/09/2020 by The Merchants Bank, National Association reported 43 jobs and $488,600 was used to fund payroll.

House red wing, inc. is New Business or 2 years or less

HOUSE RED WING, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

HOUSE RED WING, INC.

Borrower Address

3538 Highway 61

Borrower City

RED WING

Borrower State

MN

Borrower Zip

55066-1473

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488600.00

Current Approval Amount

488600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

RED WING

Project County Name

GOODHUE

Project State

MN

Project Zip

55066-1473

CD

MN-01

Jobs Reported

43

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7000.00

Payroll Proceed

366500.00

Mortgage Interest Proceed

24100.00

Rent Proceed

58000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

33000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

494341.05

Forgiveness Date

06/15/2021

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