PPP Loan information for Rsbs management inc

$387,033

Rsbs management inc was initially approved for PPP Loan of amount $387,033, the current approved amount is $387,033. The loan was approved on 04/15/2020 by The Sterling State Bank reported 47 jobs and $387,033 was used to fund payroll.

Rsbs management inc is New Business or 2 years or less

PPP Loan Search / MN / OWATONNA / Rsbs management inc

RSBS MANAGEMENT INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RSBS MANAGEMENT INC

Borrower Address

1520 STATE AVE NW

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-5688

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

387032.50

Current Approval Amount

387032.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-5688

CD

MN-01

Jobs Reported

47

NAICS Code

561730

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

387032.50

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

390419.03

Forgiveness Date

03/02/2021

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