PPP Loan information for Ra-car inc

$42,054

Ra-car inc was initially approved for PPP Loan of amount $42,054, the current approved amount is $42,054. The loan was approved on 01/22/2021 by The First Independent Bank reported 7 jobs and $42,054 was used to fund payroll.

Ra-car inc is Existing or more than 2 years old

PPP Loan Search / MN / Marshall / Ra-car inc

RA-CAR INC

Date Approved

01/22/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RA-CAR INC

Borrower Address

202 W College Dr

Borrower City

Marshall

Borrower State

MN

Borrower Zip

56258-1750

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

42054.00

Current Approval Amount

42054.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38814

Servicing Lender Name

First Independent Bank

Servicing Lender Address

300 Front St

Servicing Lender City

RUSSELL

Servicing Lender State

MN

Servicing Lender Zip

56169

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Marshall

Project County Name

LYON

Project State

MN

Project Zip

56258-1750

CD

MN-07

Jobs Reported

7

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

42053.00

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

Subchapter S Corporation

Originating Lender Location Id

38814

Originating Lender

First Independent Bank

Originating Lender City

RUSSELL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42332.02

Forgiveness Date

09/21/2021

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