PPP Loan information for Michele rae inc.

$54,720

Michele rae inc. was initially approved for PPP Loan of amount $54,720, the current approved amount is $54,720. The loan was approved on 02/10/2021 by The Flagship Bank Minnesota reported 9 jobs and $54,720 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

02/10/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MICHELE RAE INC.

Borrower Address

18300 Minnetonka Blvd Ste 100

Borrower City

Wayzata

Borrower State

MN

Borrower Zip

55391-4132

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54720.45

Current Approval Amount

54720.45

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

55391-4132

CD

MN-03

Jobs Reported

9

NAICS Code

812112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54717.45

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

38227

Originating Lender

Flagship Bank Minnesota

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

55108.74

Forgiveness Date

11/08/2021

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