PPP Loan information for R&r auto & metal salvage inc

$97,950

R&r auto & metal salvage inc was initially approved for PPP Loan of amount $97,950, the current approved amount is $97,950. The loan was approved on 08/04/2020 by The Citizens Alliance Bank reported 10 jobs and $97,950 was used to fund payroll.

R&r auto & metal salvage inc is Existing or more than 2 years old

R&R AUTO & METAL SALVAGE INC

Date Approved

08/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

R&R AUTO & METAL SALVAGE INC

Borrower Address

64148 US Hwy 12

Borrower City

LITCHFIELD

Borrower State

MN

Borrower Zip

55355-5251

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97950.00

Current Approval Amount

97950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36731

Servicing Lender Name

Citizens Alliance Bank

Servicing Lender Address

55 1st St NW

Servicing Lender City

CLARA CITY

Servicing Lender State

MN

Servicing Lender Zip

56222-1271

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LITCHFIELD

Project County Name

MEEKER

Project State

MN

Project Zip

55355-5251

CD

MN-07

Jobs Reported

10

NAICS Code

441310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1590.00

Payroll Proceed

78360.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Joint Venture

Originating Lender Location Id

36731

Originating Lender

Citizens Alliance Bank

Originating Lender City

CLARA CITY

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

98591.37

Forgiveness Date

04/01/2021

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