PPP Loan information for R&r machinery moving co

$303,700

R&r machinery moving co was initially approved for PPP Loan of amount $303,700, the current approved amount is $303,700. The loan was approved on 04/08/2020 by The First Bank Elk River reported 24 jobs and $303,700 was used to fund payroll.

R&r machinery moving co is Existing or more than 2 years old

R&R MACHINERY MOVING CO

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

R&R MACHINERY MOVING CO

Borrower Address

5101 INDUSTRIAL BLVD, SUITE 100

Borrower City

FRIDLEY

Borrower State

MN

Borrower Zip

55421-1010

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

303700.00

Current Approval Amount

303700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FRIDLEY

Project County Name

ANOKA

Project State

MN

Project Zip

55421-1010

CD

MN-05

Jobs Reported

24

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

303700.00

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

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

306070.55

Forgiveness Date

01/20/2021

;