PPP Loan information for R-corp, inc

$60,000

R-corp, inc was initially approved for PPP Loan of amount $60,000, the current approved amount is $60,000. The loan was approved on 04/30/2020 by The Cherokee State Bank reported 12 jobs and $60,000 was used to fund payroll.

R-corp, inc is Existing or more than 2 years old

PPP Loan Search / IA / STORM LAKE / R-corp, inc

R-CORP, INC

Date Approved

04/30/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

R-CORP, INC

Borrower Address

820 FLINDT DR

Borrower City

STORM LAKE

Borrower State

IA

Borrower Zip

50588-3205

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60000.00

Current Approval Amount

60000.00

Undisbursed Amount

0.00

Franchise Name

Dairy Queen Operating Agreement

Servicing Lender Location Id

24759

Servicing Lender Name

Cherokee State Bank

Servicing Lender Address

212 W Willow St

Servicing Lender City

CHEROKEE

Servicing Lender State

IA

Servicing Lender Zip

51012-1857

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STORM LAKE

Project County Name

BUENA VISTA

Project State

IA

Project Zip

50588-3205

CD

IA-04

Jobs Reported

12

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60000.00

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

24759

Originating Lender

Cherokee State Bank

Originating Lender City

CHEROKEE

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

60506.30

Forgiveness Date

03/15/2021

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