PPP Loan information for R & l contracting, inc

$52,262

R & l contracting, inc was initially approved for PPP Loan of amount $52,262, the current approved amount is $52,262. The loan was approved on 04/06/2020 by The Dakota Western Bank reported 5 jobs and $52,262 was used to fund payroll.

R & l contracting, inc is Existing or more than 2 years old

R & L CONTRACTING, INC

Date Approved

04/06/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

R & L CONTRACTING, INC

Borrower Address

14621 US Highway 12 SW

Borrower City

BOWMAN

Borrower State

ND

Borrower Zip

58623-0010

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52262.00

Current Approval Amount

52262.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52938

Servicing Lender Name

Dakota Western Bank

Servicing Lender Address

202 S Main St

Servicing Lender City

BOWMAN

Servicing Lender State

ND

Servicing Lender Zip

58623

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOWMAN

Project County Name

BOWMAN

Project State

ND

Project Zip

58623-0010

CD

ND-

Jobs Reported

5

NAICS Code

238390

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

39190.00

Mortgage Interest Proceed

3000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

3072

Business Type

Corporation

Originating Lender Location Id

52938

Originating Lender

Dakota Western Bank

Originating Lender City

BOWMAN

Originating Lender State

ND

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

52701.87

Forgiveness Date

02/16/2021

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