PPP Loan information for Red shed technology corp

$70,608

Red shed technology corp was initially approved for PPP Loan of amount $79,074, the current approved amount is $70,608. The loan was approved on 04/10/2020 by The Frandsen Bank & Trust reported 2 jobs and $70,608 was used to fund payroll.

Red shed technology corp is Existing or more than 2 years old

RED SHED TECHNOLOGY CORP

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RED SHED TECHNOLOGY CORP

Borrower Address

6645 190th Street West

Borrower City

JORDAN

Borrower State

MN

Borrower Zip

55352

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79074.15

Current Approval Amount

70608.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JORDAN

Project County Name

SCOTT

Project State

MN

Project Zip

55352-0001

CD

MN-02

Jobs Reported

2

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5608.00

Payroll Proceed

65000.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65027.83

Forgiveness Date

02/04/2021

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