PPP Loan information for Rabe's supply, inc

$80,510

Rabe's supply, inc was initially approved for PPP Loan of amount $80,510, the current approved amount is $80,510. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 14 jobs and $80,510 was used to fund payroll.

Rabe's supply, inc is Existing or more than 2 years old

RABE'S SUPPLY, INC

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RABE'S SUPPLY, INC

Borrower Address

3923 1ST AVE

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80510.00

Current Approval Amount

80510.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-0001

CD

MN-08

Jobs Reported

14

NAICS Code

561910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

80510.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81525.32

Forgiveness Date

08/05/2021

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