PPP Loan information for R & l contracting, inc

$56,632

R & l contracting, inc was initially approved for PPP Loan of amount $56,632, the current approved amount is $56,632. The loan was approved on 02/08/2021 by The Dakota Western Bank reported 6 jobs and $56,632 was used to fund payroll.

R & l contracting, inc is Existing or more than 2 years old

R & L CONTRACTING, INC

Date Approved

02/08/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

R & L CONTRACTING, INC

Borrower Address

14621 US Highway 12

Borrower City

Bowman

Borrower State

ND

Borrower Zip

58623

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56632.00

Current Approval Amount

56632.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52938

Servicing Lender Name

Dakota Western Bank

Servicing Lender Address

202 S Main St

Servicing Lender City

BOWMAN

Servicing Lender State

ND

Servicing Lender Zip

58623

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bowman

Project County Name

BOWMAN

Project State

ND

Project Zip

58623

CD

ND-

Jobs Reported

6

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

56630.00

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

Corporation

Originating Lender Location Id

52938

Originating Lender

Dakota Western Bank

Originating Lender City

BOWMAN

Originating Lender State

ND

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

57028.42

Forgiveness Date

10/25/2021

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