PPP Loan information for Ramsey flooring, inc.

$114,400

Ramsey flooring, inc. was initially approved for PPP Loan of amount $114,400, the current approved amount is $114,400. The loan was approved on 04/03/2020 by The Midwest Bank reported 10 jobs and $114,400 was used to fund payroll.

Ramsey flooring, inc. is Existing or more than 2 years old

RAMSEY FLOORING, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAMSEY FLOORING, INC.

Borrower Address

1100 8th St SE

Borrower City

DETROIT LAKES

Borrower State

MN

Borrower Zip

56501-2702

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114400.00

Current Approval Amount

114400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT LAKES

Project County Name

BECKER

Project State

MN

Project Zip

56501-2702

CD

MN-07

Jobs Reported

10

NAICS Code

238330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

114400.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115249.38

Forgiveness Date

01/07/2021

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