PPP Loan information for Rasmussen equipment company

$590,500

Rasmussen equipment company was initially approved for PPP Loan of amount $590,500, the current approved amount is $590,500. The loan was approved on 04/15/2020 by The Continental Bank reported 45 jobs and $590,500 was used to fund payroll.

Rasmussen equipment company is Existing or more than 2 years old

RASMUSSEN EQUIPMENT COMPANY

Date Approved

04/15/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

RASMUSSEN EQUIPMENT COMPANY

Borrower Address

3333 W 2100 S

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84109-2608

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

590500.00

Current Approval Amount

590500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

352972

Servicing Lender Name

Continental Bank

Servicing Lender Address

15 W South Temple St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84101-1542

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84109-2608

CD

UT-01

Jobs Reported

45

NAICS Code

423830

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

590500.00

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

352972

Originating Lender

Continental Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

595790.23

Forgiveness Date

03/18/2021

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