PPP Loan information for Range develoment co of chisholm, inc

$606,100

Range develoment co of chisholm, inc was initially approved for PPP Loan of amount $621,500, the current approved amount is $606,100. The loan was approved on 04/03/2020 by The Park State Bank reported 90 jobs and $606,100 was used to fund payroll.

Range develoment co of chisholm, inc is Existing or more than 2 years old

PPP Loan Search / MN / HIBBING / Range develoment co of chisholm, inc

RANGE DEVELOMENT CO OF CHISHOLM, INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RANGE DEVELOMENT CO OF CHISHOLM, INC

Borrower Address

2229 3rd Ave E

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-1511

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

621500.00

Current Approval Amount

606100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-1511

CD

MN-08

Jobs Reported

90

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

51525.00

Payroll Proceed

454575.00

Mortgage Interest Proceed

100000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

611184.51

Forgiveness Date

02/10/2021

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