PPP Loan information for Minnesota rush

$40,000

Minnesota rush was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 02/18/2021 by The Merchants Bank, National Association reported 3 jobs and $40,000 was used to fund payroll.

Minnesota rush is Existing or more than 2 years old

MINNESOTA RUSH

Date Approved

02/18/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

MINNESOTA RUSH

Borrower Address

380 Woodlake Dr SE

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55904-6242

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-6242

CD

MN-01

Jobs Reported

3

NAICS Code

711211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39998.00

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

Non-Profit Organization

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

40174.44

Forgiveness Date

07/27/2021

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