PPP Loan information for Rugged rock inc

$76,152

Rugged rock inc was initially approved for PPP Loan of amount $76,152, the current approved amount is $76,152. The loan was approved on 04/27/2020 by The First Independent Bank reported 20 jobs and $76,152 was used to fund payroll.

Rugged rock inc is Existing or more than 2 years old

RUGGED ROCK INC

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RUGGED ROCK INC

Borrower Address

113 W 1st Street

Borrower City

MINNEOTA

Borrower State

MN

Borrower Zip

56264

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76152.00

Current Approval Amount

76152.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38814

Servicing Lender Name

First Independent Bank

Servicing Lender Address

300 Front St

Servicing Lender City

RUSSELL

Servicing Lender State

MN

Servicing Lender Zip

56169

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNEOTA

Project County Name

LYON

Project State

MN

Project Zip

56264-0001

CD

MN-07

Jobs Reported

20

NAICS Code

561730

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76152.00

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

38814

Originating Lender

First Independent Bank

Originating Lender City

RUSSELL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76771.79

Forgiveness Date

02/19/2021

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