PPP Loan information for Red river commodities, inc.

$2,058,100

Red river commodities, inc. was initially approved for PPP Loan of amount $3,914,600, the current approved amount is $2,058,100. The loan was approved on 04/27/2020 by The Cornerstone Bank reported 358 jobs and $2,058,100 was used to fund payroll.

Red river commodities, inc. is Unanswered

PPP Loan Search / ND / FARGO / Red river commodities, inc.

RED RIVER COMMODITIES, INC.

Date Approved

04/27/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RED RIVER COMMODITIES, INC.

Borrower Address

501 42nd Street North

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58102-3952

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3914600.00

Current Approval Amount

2058100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58102-3952

CD

ND-

Jobs Reported

358

NAICS Code

311224

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

257263.00

Payroll Proceed

1543575.00

Mortgage Interest Proceed

257262.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2057706.54

Forgiveness Date

06/03/2021

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