PPP Loan information for Rasmussen lumber company

$175,067

Rasmussen lumber company was initially approved for PPP Loan of amount $175,067, the current approved amount is $175,067. The loan was approved on 04/09/2020 by The The First National Bank of Manning reported 21 jobs and $175,067 was used to fund payroll.

Rasmussen lumber company is Existing or more than 2 years old

PPP Loan Search / IA / Manning / Rasmussen lumber company

RASMUSSEN LUMBER COMPANY

Date Approved

04/09/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

RASMUSSEN LUMBER COMPANY

Borrower Address

1121 Sixth Street

Borrower City

Manning

Borrower State

IA

Borrower Zip

51455

Loan Status Date

06/03/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175067.00

Current Approval Amount

175067.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25217

Servicing Lender Name

The First National Bank of Manning

Servicing Lender Address

401 Main St

Servicing Lender City

MANNING

Servicing Lender State

IA

Servicing Lender Zip

51455-1032

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Manning

Project County Name

CARROLL

Project State

IA

Project Zip

51455-0181

CD

IA-04

Jobs Reported

21

NAICS Code

444110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

35013.40

Payroll Proceed

140053.60

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

25217

Originating Lender

The First National Bank of Manning

Originating Lender City

MANNING

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176999.93

Forgiveness Date

05/26/2021

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