PPP Loan information for Red horizon equipment, inc.

$102,500

Red horizon equipment, inc. was initially approved for PPP Loan of amount $102,500, the current approved amount is $102,500. The loan was approved on 02/03/2021 by The Glenwood State Bank Incorporated reported 9 jobs and $102,500 was used to fund payroll.

Red horizon equipment, inc. is Existing or more than 2 years old

RED HORIZON EQUIPMENT, INC.

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RED HORIZON EQUIPMENT, INC.

Borrower Address

21915 160th St

Borrower City

Glenwood

Borrower State

MN

Borrower Zip

56334-4542

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102500.00

Current Approval Amount

102500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38123

Servicing Lender Name

Glenwood State Bank Incorporated

Servicing Lender Address

5 E Minnesota Ave

Servicing Lender City

GLENWOOD

Servicing Lender State

MN

Servicing Lender Zip

56334-1625

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glenwood

Project County Name

POPE

Project State

MN

Project Zip

56334-4542

CD

MN-07

Jobs Reported

9

NAICS Code

423820

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

102498.00

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

38123

Originating Lender

Glenwood State Bank Incorporated

Originating Lender City

GLENWOOD

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103027.95

Forgiveness Date

08/17/2021

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