PPP Loan information for Racing foods

$34,500

Racing foods was initially approved for PPP Loan of amount $34,500, the current approved amount is $34,500. The loan was approved on 04/07/2020 by The Iowa State Bank reported 17 jobs and $34,500 was used to fund payroll.

Racing foods is Existing or more than 2 years old

RACING FOODS

Date Approved

04/07/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RACING FOODS

Borrower Address

520 Main Street, Box 701

Borrower City

LISBON

Borrower State

ND

Borrower Zip

58054-4144

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34500.00

Current Approval Amount

34500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25094

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

1101 Main St

Servicing Lender City

HULL

Servicing Lender State

IA

Servicing Lender Zip

51239

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LISBON

Project County Name

RANSOM

Project State

ND

Project Zip

58054-4144

CD

ND-

Jobs Reported

17

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

34500.00

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

25094

Originating Lender

Iowa State Bank

Originating Lender City

HULL

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34761.62

Forgiveness Date

01/19/2021

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