Date Approved
04/14/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
RAPID NUTRITION LLC
Borrower Address
110 GOLF COURSE RD
Borrower City
GRAND RAPIDS
Borrower State
MN
Borrower Zip
55744-3526
Loan Status Date
08/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
23000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38785
Servicing Lender Name
Woodland Bank
Servicing Lender Address
217 Main Ave East
Servicing Lender City
DEER RIVER
Servicing Lender State
Servicing Lender Zip
56636-8737
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
ITASCA
Project State
Project Zip
CD
MN-08
Jobs Reported
10
NAICS Code
311920
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3000.00
Payroll Proceed
16000.00
Mortgage Interest Proceed
Rent Proceed
4000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
23164.83
Forgiveness Date
01/07/2021