PPP Loan information for Randco solutions llc

$22,753

Randco solutions llc was initially approved for PPP Loan of amount $22,753, the current approved amount is $22,753. The loan was approved on 04/28/2020 by The Drake Bank reported 2 jobs and $22,753 was used to fund payroll.

Randco solutions llc is Existing or more than 2 years old

RANDCO SOLUTIONS LLC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RANDCO SOLUTIONS LLC

Borrower Address

4553 Ellerdale Road

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345

Loan Status Date

11/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

22752.50

Current Approval Amount

22752.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262368

Servicing Lender Name

Drake Bank

Servicing Lender Address

60 E Plato Blvd, Ste 100

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-1828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-0001

CD

MN-03

Jobs Reported

2

NAICS Code

238320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

799.00

Payroll Proceed

18861.50

Mortgage Interest Proceed

0.00

Rent Proceed

3092.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

262368

Originating Lender

Drake Bank

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

22852.99

Forgiveness Date

10/08/2020

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