PPP Loan information for Rachel contracting, llc

$4,284,200

Rachel contracting, llc was initially approved for PPP Loan of amount $4,284,200, the current approved amount is $4,284,200. The loan was approved on 04/08/2020 by The Old National Bank reported 147 jobs and $4,284,200 was used to fund payroll.

Rachel contracting, llc is New Business or 2 years or less

PPP Loan Search / MN / SAINT MICHAEL / Rachel contracting, llc

RACHEL CONTRACTING, LLC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RACHEL CONTRACTING, LLC

Borrower Address

4180 Napier Court NE

Borrower City

SAINT MICHAEL

Borrower State

MN

Borrower Zip

55376-9509

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4284200.00

Current Approval Amount

4284200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SAINT MICHAEL

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-9509

CD

MN-06

Jobs Reported

147

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4284200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4338192.66

Forgiveness Date

07/21/2021

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