PPP Loan information for Richard s magnusson inc

$11,900

Richard s magnusson inc was initially approved for PPP Loan of amount $11,900, the current approved amount is $11,900. The loan was approved on 04/15/2020 by The Citizens State Bank of Roseau reported 1 jobs and $11,900 was used to fund payroll.

Richard s magnusson inc is Existing or more than 2 years old

RICHARD S MAGNUSSON INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RICHARD S MAGNUSSON INC

Borrower Address

37605 STATE HIGHWAY 11

Borrower City

ROSEAU

Borrower State

MN

Borrower Zip

56751-8238

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

11900.00

Current Approval Amount

11900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38799

Servicing Lender Name

Citizens State Bank of Roseau

Servicing Lender Address

118 Main Ave South

Servicing Lender City

ROSEAU

Servicing Lender State

MN

Servicing Lender Zip

56751-1512

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROSEAU

Project County Name

ROSEAU

Project State

MN

Project Zip

56751-8238

CD

MN-07

Jobs Reported

1

NAICS Code

111199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

11900.00

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

38799

Originating Lender

Citizens State Bank of Roseau

Originating Lender City

ROSEAU

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11985.28

Forgiveness Date

12/31/2020

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