PPP Loan information for R t l construction inc

$6,250,000

R t l construction inc was initially approved for PPP Loan of amount $6,250,000, the current approved amount is $6,250,000. The loan was approved on 04/06/2020 by The Financial Security Bank reported 242 jobs and $6,250,000 was used to fund payroll.

R t l construction inc is Existing or more than 2 years old

R T L CONSTRUCTION INC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

R T L CONSTRUCTION INC

Borrower Address

290 SARAZIN ST

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-3941

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6250000.00

Current Approval Amount

6250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38285

Servicing Lender Name

Financial Security Bank

Servicing Lender Address

1011 Atlantic Ave

Servicing Lender City

KERKHOVEN

Servicing Lender State

MN

Servicing Lender Zip

56252

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-3941

CD

MN-02

Jobs Reported

242

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6250000.00

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

38285

Originating Lender

Financial Security Bank

Originating Lender City

KERKHOVEN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6322916.67

Forgiveness Date

06/11/2021

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