PPP Loan information for R.c. fabricators inc.

$269,070

R.c. fabricators inc. was initially approved for PPP Loan of amount $269,070, the current approved amount is $269,070. The loan was approved on 03/12/2021 by The Security State Bank of Hibbing reported 30 jobs and $269,070 was used to fund payroll.

R.c. fabricators inc. is Existing or more than 2 years old

R.C. FABRICATORS INC.

Date Approved

03/12/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

R.C. FABRICATORS INC.

Borrower Address

11473 Highway 37

Borrower City

Hibbing

Borrower State

MN

Borrower Zip

55746-8230

Loan Status Date

05/24/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

269070.00

Current Approval Amount

269070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38238

Servicing Lender Name

Security State Bank of Hibbing

Servicing Lender Address

701 E Howard St

Servicing Lender City

HIBBING

Servicing Lender State

MN

Servicing Lender Zip

55746-1717

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hibbing

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-8230

CD

MN-08

Jobs Reported

30

NAICS Code

332313

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

269068.00

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

38238

Originating Lender

Security State Bank of Hibbing

Originating Lender City

HIBBING

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

270824.48

Forgiveness Date

11/09/2021

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