PPP Loan information for Rynerson electric inc

$17,560

Rynerson electric inc was initially approved for PPP Loan of amount $17,560, the current approved amount is $17,560. The loan was approved on 03/26/2021 by The Magnifi Financial CU reported 2 jobs and $17,560 was used to fund payroll.

Rynerson electric inc is Existing or more than 2 years old

PPP Loan Search / MN / Richfield / Rynerson electric inc

RYNERSON ELECTRIC INC

Date Approved

03/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RYNERSON ELECTRIC INC

Borrower Address

6211 Logan Ave S

Borrower City

Richfield

Borrower State

MN

Borrower Zip

55423-1152

Loan Status Date

12/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

17560.00

Current Approval Amount

17560.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richfield

Project County Name

HENNEPIN

Project State

MN

Project Zip

55423-1152

CD

MN-05

Jobs Reported

2

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

17560.00

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

Corporation

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

17669.69

Forgiveness Date

11/22/2021

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