Date Approved
04/14/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
R & D SALES INC.
Borrower Address
510 FREEPORT AVE Ste D
Borrower City
ELK RIVER
Borrower State
MN
Borrower Zip
55330-3007
Loan Status Date
04/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
65800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38030
Servicing Lender Name
The Bank of Elk River
Servicing Lender Address
630 Main St
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
55330-1503
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHERBURNE
Project State
Project Zip
CD
MN-06
Jobs Reported
10
NAICS Code
541870
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
66171.36
Forgiveness Date
11/17/2020