Date Approved
05/11/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
R & K ELECTRIC, INC.
Borrower Address
3445 HOFFMAN DR NW
Borrower City
OWATONNA
Borrower State
MN
Borrower Zip
55060-1131
Loan Status Date
12/17/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
338500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38950
Servicing Lender Name
Profinium, Inc.
Servicing Lender Address
414 N Fifth Ave East
Servicing Lender City
TRUMAN
Servicing Lender State
Servicing Lender Zip
56088
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
STEELE
Project State
Project Zip
CD
MN-01
Jobs Reported
28
NAICS Code
238210
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non Profit
Forgiveness Amount
340286.53
Forgiveness Date
11/25/2020