PPP Loan information for Range development company of chisholm

$606,100

Range development company of chisholm was initially approved for PPP Loan of amount $606,100, the current approved amount is $606,100. The loan was approved on 02/05/2021 by The Park State Bank reported 72 jobs and $606,100 was used to fund payroll.

Range development company of chisholm is Existing or more than 2 years old

RANGE DEVELOPMENT COMPANY OF CHISHOLM

Date Approved

02/05/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RANGE DEVELOPMENT COMPANY OF CHISHOLM

Borrower Address

2229 3rd Ave E

Borrower City

Hibbing

Borrower State

MN

Borrower Zip

55746-1911

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

606100.00

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

55746-1911

CD

MN-08

Jobs Reported

72

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

606096.00

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

Corporation

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

608972.75

Forgiveness Date

08/04/2021

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