PPP Loan information for Raths brothers construction inc

$34,000

Raths brothers construction inc was initially approved for PPP Loan of amount $34,000, the current approved amount is $34,000. The loan was approved on 04/30/2020 by The Dacotah Bank reported 5 jobs and $34,000 was used to fund payroll.

Raths brothers construction inc is Existing or more than 2 years old

PPP Loan Search / MN / MORRIS / Raths brothers construction inc

RATHS BROTHERS CONSTRUCTION INC

Date Approved

04/30/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RATHS BROTHERS CONSTRUCTION INC

Borrower Address

20510 470TH AVE

Borrower City

MORRIS

Borrower State

MN

Borrower Zip

56267-4515

Loan Status Date

04/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

34000.00

Current Approval Amount

34000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66384

Servicing Lender Name

Dacotah Bank

Servicing Lender Address

308 S Main St

Servicing Lender City

ABERDEEN

Servicing Lender State

SD

Servicing Lender Zip

57401-4146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRIS

Project County Name

STEVENS

Project State

MN

Project Zip

56267-4515

CD

MN-07

Jobs Reported

5

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

34000.00

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

66384

Originating Lender

Dacotah Bank

Originating Lender City

ABERDEEN

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

34280.50

Forgiveness Date

03/05/2021

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