PPP Loan information for R & l contracting, inc
$52,262
R & l contracting, inc was initially approved for PPP Loan of amount $52,262, the current approved amount is $52,262. The loan was approved on 04/06/2020 by The Dakota Western Bank reported 5 jobs and $52,262 was used to fund payroll.
R & l contracting, inc is Existing or more than 2 years old
R & L CONTRACTING, INC
Date Approved
04/06/2020
SBA Office Code
0875
Processing Method
PPP
Borrower Name
R & L CONTRACTING, INC
Borrower Address
14621 US Highway 12 SW
Borrower City
BOWMAN
Borrower State
ND
Borrower Zip
58623-0010
Loan Status Date
03/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
52262.00
Current Approval Amount
52262.00
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
58623-0010
CD
ND-
Jobs Reported
5
NAICS Code
238390
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
7000.00
Payroll Proceed
39190.00
Mortgage Interest Proceed
3000.00
Rent Proceed
0.00
Refinance EIDL Proceed
0.00
Health Care Proceed
0.00
Debt Interest Proceed
3072
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
52701.87
Forgiveness Date
02/16/2021