PPP Loan information for Repair rite llc

$122,100

Repair rite llc was initially approved for PPP Loan of amount $122,185, the current approved amount is $122,100. The loan was approved on 02/10/2021 by The MidWestOne Bank reported 14 jobs and $122,100 was used to fund payroll.

Repair rite llc is Existing or more than 2 years old

REPAIR RITE LLC

Date Approved

02/10/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

REPAIR RITE LLC

Borrower Address

1217 E 66th St

Borrower City

Richfield

Borrower State

MN

Borrower Zip

55423-2641

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122185.00

Current Approval Amount

122100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25117

Servicing Lender Name

MidWestOne Bank

Servicing Lender Address

102 S Clinton St

Servicing Lender City

IOWA CITY

Servicing Lender State

IA

Servicing Lender Zip

52240-4065

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richfield

Project County Name

HENNEPIN

Project State

MN

Project Zip

55423-2641

CD

MN-05

Jobs Reported

14

NAICS Code

447110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

122100.00

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

25117

Originating Lender

MidWestOne Bank

Originating Lender City

IOWA CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

122649.45

Forgiveness Date

07/26/2021

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