PPP Loan information for Minneapolis rag stock co inc

$1,296,700

Minneapolis rag stock co inc was initially approved for PPP Loan of amount $1,296,700, the current approved amount is $1,296,700. The loan was approved on 04/08/2020 by The Bell Bank reported 327 jobs and $1,296,700 was used to fund payroll.

Minneapolis rag stock co inc is Existing or more than 2 years old

MINNEAPOLIS RAG STOCK CO INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MINNEAPOLIS RAG STOCK CO INC

Borrower Address

113 27TH AVE

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55418-2716

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1296700.00

Current Approval Amount

1296700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52771

Servicing Lender Name

Bell Bank

Servicing Lender Address

3100 13th Ave South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-3507

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55418-2716

CD

MN-05

Jobs Reported

327

NAICS Code

448150

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1296700.00

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

52771

Originating Lender

Bell Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1303471.66

Forgiveness Date

11/03/2020

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