PPP Loan information for Minnesota rusco, inc.

$767,200

Minnesota rusco, inc. was initially approved for PPP Loan of amount $767,200, the current approved amount is $767,200. The loan was approved on 04/07/2020 by The Sherburne State Bank reported 55 jobs and $767,200 was used to fund payroll.

Minnesota rusco, inc. is Existing or more than 2 years old

PPP Loan Search / MN / NEW HOPE / Minnesota rusco, inc.

MINNESOTA RUSCO, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNESOTA RUSCO, INC.

Borrower Address

5010 Highway 169 N.

Borrower City

NEW HOPE

Borrower State

MN

Borrower Zip

55428-4027

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

767200.00

Current Approval Amount

767200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38878

Servicing Lender Name

Sherburne State Bank

Servicing Lender Address

12500 Sherburne Ave

Servicing Lender City

BECKER

Servicing Lender State

MN

Servicing Lender Zip

55308

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW HOPE

Project County Name

WRIGHT

Project State

MN

Project Zip

55428-4027

CD

MN-05

Jobs Reported

55

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

767200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38878

Originating Lender

Sherburne State Bank

Originating Lender City

BECKER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

771590.09

Forgiveness Date

11/09/2020

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