PPP Loan information for Ron's repair, inc.

$450,240

Ron's repair, inc. was initially approved for PPP Loan of amount $450,240, the current approved amount is $450,240. The loan was approved on 04/05/2020 by The First State Bank Southwest reported 38 jobs and $450,240 was used to fund payroll.

Ron's repair, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WORTHINGTON / Ron's repair, inc.

RON'S REPAIR, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RON'S REPAIR, INC.

Borrower Address

2385 Highway 60 NE

Borrower City

WORTHINGTON

Borrower State

MN

Borrower Zip

56187-2093

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

450240.00

Current Approval Amount

450240.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38811

Servicing Lender Name

First State Bank Southwest

Servicing Lender Address

202 8th Ave SE

Servicing Lender City

PIPESTONE

Servicing Lender State

MN

Servicing Lender Zip

56164-2140

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORTHINGTON

Project County Name

NOBLES

Project State

MN

Project Zip

56187-2093

CD

MN-01

Jobs Reported

38

NAICS Code

811111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

450240.00

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

38811

Originating Lender

First State Bank Southwest

Originating Lender City

PIPESTONE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

452803.87

Forgiveness Date

11/05/2020

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