PPP Loan information for Rasm inc

$195,218

Rasm inc was initially approved for PPP Loan of amount $195,218, the current approved amount is $195,218. The loan was approved on 01/22/2021 by The BankCherokee reported 57 jobs and $195,218 was used to fund payroll.

Rasm inc is Existing or more than 2 years old

RASM INC

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RASM INC

Borrower Address

5870 Oxford St N

Borrower City

Shoreview

Borrower State

MN

Borrower Zip

55126-8411

Loan Status Date

06/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195217.50

Current Approval Amount

195217.50

Undisbursed Amount

0.00

Franchise Name

Once Upon A Child

Servicing Lender Location Id

38841

Servicing Lender Name

BankCherokee

Servicing Lender Address

607 S Smith Ave

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55107-2617

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shoreview

Project County Name

RAMSEY

Project State

MN

Project Zip

55126-8411

CD

MN-04

Jobs Reported

57

NAICS Code

448130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

195215.50

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

38841

Originating Lender

BankCherokee

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179689.46

Forgiveness Date

04/28/2022

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