PPP Loan information for Reach for resources, inc.

$426,200

Reach for resources, inc. was initially approved for PPP Loan of amount $426,200, the current approved amount is $426,200. The loan was approved on 04/28/2020 by The Luminate Bank reported 76 jobs and $426,200 was used to fund payroll.

Reach for resources, inc. is Existing or more than 2 years old

PPP Loan Search / MN / HOPKINS / Reach for resources, inc.

REACH FOR RESOURCES, INC.

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REACH FOR RESOURCES, INC.

Borrower Address

5900 Green Oak Dr. Ste. 303

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-4709

Loan Status Date

03/02/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

426200.00

Current Approval Amount

426200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36734

Servicing Lender Name

Luminate Bank

Servicing Lender Address

5900 Green Oak Dr, Ste 100

Servicing Lender City

MINNETONKA

Servicing Lender State

MN

Servicing Lender Zip

55343-4709

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-4709

CD

MN-03

Jobs Reported

76

NAICS Code

813219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

426200.00

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

Non-Profit Organization

Originating Lender Location Id

36734

Originating Lender

Luminate Bank

Originating Lender City

MINNETONKA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

431006.59

Forgiveness Date

06/11/2021

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