PPP Loan information for Michele rae, inc.

$59,800

Michele rae, inc. was initially approved for PPP Loan of amount $59,800, the current approved amount is $59,800. The loan was approved on 04/06/2020 by The Flagship Bank Minnesota reported 11 jobs and $59,800 was used to fund payroll.

Michele rae, inc. is Existing or more than 2 years old

PPP Loan Search / MN / WAYZATA / Michele rae, inc.

MICHELE RAE, INC.

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MICHELE RAE, INC.

Borrower Address

18300 MINNETONKA BLVD #100

Borrower City

WAYZATA

Borrower State

MN

Borrower Zip

55391-3232

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59800.00

Current Approval Amount

59800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38227

Servicing Lender Name

Flagship Bank Minnesota

Servicing Lender Address

1415 Wayzata Blvd East

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391-1938

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYZATA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55391-3232

CD

MN-03

Jobs Reported

11

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

45300.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6000.00

Debt Interest Proceed

2000

Business Type

Corporation

Originating Lender Location Id

38227

Originating Lender

Flagship Bank Minnesota

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50116.54

Forgiveness Date

12/04/2020

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