PPP Loan information for R & r excavating inc.

$787,500

R & r excavating inc. was initially approved for PPP Loan of amount $787,500, the current approved amount is $787,500. The loan was approved on 02/04/2021 by The Citizens Bank & Trust Co reported 39 jobs and $787,500 was used to fund payroll.

R & r excavating inc. is Existing or more than 2 years old

R & R EXCAVATING INC.

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

R & R EXCAVATING INC.

Borrower Address

1149 Highway 22 S

Borrower City

Hutchinson

Borrower State

MN

Borrower Zip

55350-7037

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

787500.00

Current Approval Amount

787500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38252

Servicing Lender Name

Citizens Bank & Trust Co

Servicing Lender Address

102 Main St S

Servicing Lender City

HUTCHINSON

Servicing Lender State

MN

Servicing Lender Zip

55350-2575

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hutchinson

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-7037

CD

MN-07

Jobs Reported

39

NAICS Code

237110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

787495.00

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

38252

Originating Lender

Citizens Bank & Trust Co

Originating Lender City

HUTCHINSON

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

793152.74

Forgiveness Date

11/08/2021

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