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 01/27/2021 by The Sterling State Bank reported 72 jobs and $387,033 was used to fund payroll.

Rsbs management inc is Existing or more than 2 years old

PPP Loan Search / MN / Owatonna / Rsbs management inc

RSBS MANAGEMENT INC

Date Approved

01/27/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RSBS MANAGEMENT INC

Borrower Address

1520 State Ave NW

Borrower City

Owatonna

Borrower State

MN

Borrower Zip

55060-5688

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

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

Existing or more than 2 years old

Project City

Owatonna

Project County Name

STEELE

Project State

MN

Project Zip

55060-5688

CD

MN-01

Jobs Reported

72

NAICS Code

561730

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

387030.50

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

389634.22

Forgiveness Date

09/29/2021

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