PPP Loan information for Rasley oil company

$69,200

Rasley oil company was initially approved for PPP Loan of amount $69,200, the current approved amount is $69,200. The loan was approved on 04/14/2020 by The Neighborhood National Bank reported 18 jobs and $69,200 was used to fund payroll.

Rasley oil company is Existing or more than 2 years old

RASLEY OIL COMPANY

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RASLEY OIL COMPANY

Borrower Address

308 2ND ST NE

Borrower City

AITKIN

Borrower State

MN

Borrower Zip

56431-1526

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

69200.00

Current Approval Amount

69200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38639

Servicing Lender Name

Neighborhood National Bank

Servicing Lender Address

45 N Union St

Servicing Lender City

MORA

Servicing Lender State

MN

Servicing Lender Zip

55051-1327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AITKIN

Project County Name

AITKIN

Project State

MN

Project Zip

56431-1526

CD

MN-08

Jobs Reported

18

NAICS Code

445120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6920.00

Payroll Proceed

55360.00

Mortgage Interest Proceed

6920.00

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

38639

Originating Lender

Neighborhood National Bank

Originating Lender City

MORA

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69697.86

Forgiveness Date

12/31/2020

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