PPP Loan information for Red trail energy, llc

$873,400

Red trail energy, llc was initially approved for PPP Loan of amount $873,400, the current approved amount is $873,400. The loan was approved on 04/06/2020 by The Cornerstone Bank reported 47 jobs and $873,400 was used to fund payroll.

Red trail energy, llc is Existing or more than 2 years old

PPP Loan Search / ND / RICHARDTON / Red trail energy, llc

RED TRAIL ENERGY, LLC

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RED TRAIL ENERGY, LLC

Borrower Address

3652 HIGHWAY 8

Borrower City

RICHARDTON

Borrower State

ND

Borrower Zip

58652-9365

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

873400.00

Current Approval Amount

873400.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHARDTON

Project County Name

STARK

Project State

ND

Project Zip

58652-9365

CD

ND-

Jobs Reported

47

NAICS Code

325193

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

873400.00

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

Limited Liability Company(LLC)

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

880144.59

Forgiveness Date

01/20/2021

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