PPP Loan information for Rack's bar & grill llc

$64,887

Rack's bar & grill llc was initially approved for PPP Loan of amount $64,887, the current approved amount is $64,887. The loan was approved on 04/07/2020 by The First State Bank Minnesota reported 21 jobs and $64,887 was used to fund payroll.

Rack's bar & grill llc is Existing or more than 2 years old

PPP Loan Search / MN / SPRING VALLEY / Rack's bar & grill llc

RACK'S BAR & GRILL LLC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RACK'S BAR & GRILL LLC

Borrower Address

1027 N BROADWAY AVE

Borrower City

SPRING VALLEY

Borrower State

MN

Borrower Zip

55975-1031

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64886.95

Current Approval Amount

64886.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38307

Servicing Lender Name

First State Bank Minnesota

Servicing Lender Address

102 W Main St

Servicing Lender City

LE ROY

Servicing Lender State

MN

Servicing Lender Zip

55951-6500

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING VALLEY

Project County Name

FILLMORE

Project State

MN

Project Zip

55975-1031

CD

MN-01

Jobs Reported

21

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64886.95

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

38307

Originating Lender

First State Bank Minnesota

Originating Lender City

LE ROY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65370.00

Forgiveness Date

01/07/2021

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