PPP Loan information for Rainy lake enterprises, inc.

$30,563

Rainy lake enterprises, inc. was initially approved for PPP Loan of amount $30,563, the current approved amount is $30,563. The loan was approved on 04/14/2020 by The Grand Rapids State Bank reported 3 jobs and $30,563 was used to fund payroll.

Rainy lake enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Rainy lake enterprises, inc.

RAINY LAKE ENTERPRISES, INC.

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAINY LAKE ENTERPRISES, INC.

Borrower Address

225 NW 1ST AVE

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-2702

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

30563.00

Current Approval Amount

30563.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38190

Servicing Lender Name

Grand Rapids State Bank

Servicing Lender Address

523 NW 1st Ave

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MN

Servicing Lender Zip

55744-2618

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-2702

CD

MN-08

Jobs Reported

3

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

30563.00

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

38190

Originating Lender

Grand Rapids State Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

30877.97

Forgiveness Date

04/28/2021

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