PPP Loan information for Risk administration services, inc.

$2,064,200

Risk administration services, inc. was initially approved for PPP Loan of amount $2,064,200, the current approved amount is $2,064,200. The loan was approved on 04/14/2020 by The CorTrust Bank National Association reported 125 jobs and $2,064,200 was used to fund payroll.

Risk administration services, inc. is New Business or 2 years or less

PPP Loan Search / SD / SIOUX FALLS / Risk administration services, inc.

RISK ADMINISTRATION SERVICES, INC.

Date Approved

04/14/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

RISK ADMINISTRATION SERVICES, INC.

Borrower Address

300 Cherapa Place Suite 401

Borrower City

SIOUX FALLS

Borrower State

SD

Borrower Zip

57103-2274

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2064200.00

Current Approval Amount

2064200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

SIOUX FALLS

Project County Name

MINNEHAHA

Project State

SD

Project Zip

57103-2274

CD

SD-

Jobs Reported

125

NAICS Code

524292

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

103194.00

Payroll Proceed

1651424.00

Mortgage Interest Proceed

0.00

Rent Proceed

103194.00

Refinance EIDL Proceed

0.00

Health Care Proceed

103194.00

Debt Interest Proceed

103194

Business Type

Subchapter S Corporation

Originating Lender Location Id

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2087839.33

Forgiveness Date

06/15/2021

;