PPP Loan information for Ruotsala construction inc

$297,343

Ruotsala construction inc was initially approved for PPP Loan of amount $297,343, the current approved amount is $297,343. The loan was approved on 02/16/2021 by The IncredibleBank reported 30 jobs and $297,343 was used to fund payroll.

Ruotsala construction inc is Existing or more than 2 years old

RUOTSALA CONSTRUCTION INC

Date Approved

02/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RUOTSALA CONSTRUCTION INC

Borrower Address

E5299 Hannu Rd

Borrower City

Ironwood

Borrower State

MI

Borrower Zip

49938-9521

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

297342.50

Current Approval Amount

297342.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76755

Servicing Lender Name

IncredibleBank

Servicing Lender Address

327 N 17th Ave

Servicing Lender City

WAUSAU

Servicing Lender State

WI

Servicing Lender Zip

54401-4225

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ironwood

Project County Name

GOGEBIC

Project State

MI

Project Zip

49938-9521

CD

MI-01

Jobs Reported

30

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

297341.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

76755

Originating Lender

IncredibleBank

Originating Lender City

WAUSAU

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

299093.97

Forgiveness Date

09/28/2021

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