PPP Loan information for Ralk enterprises, inc.

$71,200

Ralk enterprises, inc. was initially approved for PPP Loan of amount $71,200, the current approved amount is $71,200. The loan was approved on 04/11/2020 by The American National Bank of Minnesota reported 14 jobs and $71,200 was used to fund payroll.

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

PPP Loan Search / MN / PEQUOT LAKES / Ralk enterprises, inc.

RALK ENTERPRISES, INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RALK ENTERPRISES, INC.

Borrower Address

33039 OLD 371

Borrower City

PEQUOT LAKES

Borrower State

MN

Borrower Zip

56472-2628

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71200.00

Current Approval Amount

71200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117900

Servicing Lender Name

American National Bank of Minnesota

Servicing Lender Address

7638 Woida Rd

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-8730

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEQUOT LAKES

Project County Name

CROW WING

Project State

MN

Project Zip

56472-2628

CD

MN-08

Jobs Reported

14

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

58200.00

Mortgage Interest Proceed

0.00

Rent Proceed

6400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2600.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

117900

Originating Lender

American National Bank of Minnesota

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61592.70

Forgiveness Date

12/08/2020

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