PPP Loan information for Rocket motors inc.

$17,429

Rocket motors inc. was initially approved for PPP Loan of amount $17,429, the current approved amount is $17,429. The loan was approved on 02/03/2021 by The Border Bank reported 2 jobs and $17,429 was used to fund payroll.

Rocket motors inc. is Existing or more than 2 years old

ROCKET MOTORS INC.

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ROCKET MOTORS INC.

Borrower Address

102 Nora St E Ste B

Borrower City

Thief River Falls

Borrower State

MN

Borrower Zip

56701-2926

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17428.97

Current Approval Amount

17428.97

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52775

Servicing Lender Name

Border Bank

Servicing Lender Address

4530 17th Ave SW

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-8991

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Thief River Falls

Project County Name

PENNINGTON

Project State

MN

Project Zip

56701-2926

CD

MN-07

Jobs Reported

2

NAICS Code

488490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

17426.97

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

52775

Originating Lender

Border Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17547.10

Forgiveness Date

10/08/2021

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