PPP Loan information for Rack enterprises of annandale llc

$5,760

Rack enterprises of annandale llc was initially approved for PPP Loan of amount $5,760, the current approved amount is $5,760. The loan was approved on 01/23/2021 by The Lake Central Bank reported 2 jobs and $5,760 was used to fund payroll.

Rack enterprises of annandale llc is Existing or more than 2 years old

RACK ENTERPRISES OF ANNANDALE LLC

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RACK ENTERPRISES OF ANNANDALE LLC

Borrower Address

7321 Nevens Ave NW

Borrower City

Annandale

Borrower State

MN

Borrower Zip

55302-3434

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

5760.00

Current Approval Amount

5760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36601

Servicing Lender Name

Lake Central Bank

Servicing Lender Address

40 Chestnut St W

Servicing Lender City

ANNANDALE

Servicing Lender State

MN

Servicing Lender Zip

55302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Annandale

Project County Name

WRIGHT

Project State

MN

Project Zip

55302-3434

CD

MN-06

Jobs Reported

2

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

5755.00

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

36601

Originating Lender

Lake Central Bank

Originating Lender City

ANNANDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5787.36

Forgiveness Date

07/27/2021

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