PPP Loan information for Rcm specialties

$49,805

Rcm specialties was initially approved for PPP Loan of amount $49,805, the current approved amount is $49,805. The loan was approved on 04/07/2020 by The Vermillion State Bank reported 5 jobs and $49,805 was used to fund payroll.

Rcm specialties is Existing or more than 2 years old

RCM SPECIALTIES

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RCM SPECIALTIES

Borrower Address

12090 Margo Ave S

Borrower City

HASTINGS

Borrower State

MN

Borrower Zip

55033-9412

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49805.00

Current Approval Amount

49805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38967

Servicing Lender Name

Vermillion State Bank

Servicing Lender Address

107 E Main St

Servicing Lender City

VERMILLION

Servicing Lender State

MN

Servicing Lender Zip

55085

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASTINGS

Project County Name

DAKOTA

Project State

MN

Project Zip

55033-9412

CD

MN-02

Jobs Reported

5

NAICS Code

238990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1961.00

Payroll Proceed

39844.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38967

Originating Lender

Vermillion State Bank

Originating Lender City

VERMILLION

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50130.12

Forgiveness Date

12/09/2020

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