PPP Loan information for Relaxation plus, inc.

$16,500

Relaxation plus, inc. was initially approved for PPP Loan of amount $16,500, the current approved amount is $16,500. The loan was approved on 06/24/2020 by The Midwest Bank reported 5 jobs and $16,500 was used to fund payroll.

Relaxation plus, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MOORHEAD / Relaxation plus, inc.

RELAXATION PLUS, INC.

Date Approved

06/24/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RELAXATION PLUS, INC.

Borrower Address

2901 S FRONTAGE RD #4

Borrower City

MOORHEAD

Borrower State

MN

Borrower Zip

56560-2572

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16500.00

Current Approval Amount

16500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39006

Servicing Lender Name

Midwest Bank

Servicing Lender Address

613 Hwy 10 E

Servicing Lender City

DETROIT LAKES

Servicing Lender State

MN

Servicing Lender Zip

56501-4127

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORHEAD

Project County Name

CLAY

Project State

MN

Project Zip

56560-2572

CD

MN-07

Jobs Reported

5

NAICS Code

621399

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16500.00

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

Subchapter S Corporation

Originating Lender Location Id

39006

Originating Lender

Midwest Bank

Originating Lender City

DETROIT LAKES

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16603.52

Forgiveness Date

02/09/2021

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