PPP Loan information for Rapid rooter sewer & drain, inc.

$31,100

Rapid rooter sewer & drain, inc. was initially approved for PPP Loan of amount $31,100, the current approved amount is $31,100. The loan was approved on 04/28/2020 by The The First National Bank of Coleraine reported 3 jobs and $31,100 was used to fund payroll.

Rapid rooter sewer & drain, inc. is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Rapid rooter sewer & drain, inc.

RAPID ROOTER SEWER & DRAIN, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAPID ROOTER SEWER & DRAIN, INC.

Borrower Address

403 NW 16th St

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31100.00

Current Approval Amount

31100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36746

Servicing Lender Name

The First National Bank of Coleraine

Servicing Lender Address

600 Powell Ave

Servicing Lender City

COLERAINE

Servicing Lender State

MN

Servicing Lender Zip

55722

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-0001

CD

MN-08

Jobs Reported

3

NAICS Code

562991

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

31100.00

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

Subchapter S Corporation

Originating Lender Location Id

36746

Originating Lender

The First National Bank of Coleraine

Originating Lender City

COLERAINE

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

31448.15

Forgiveness Date

06/09/2021

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