PPP Loan information for Rachel's light, inc.

$21,700

Rachel's light, inc. was initially approved for PPP Loan of amount $21,700, the current approved amount is $21,700. The loan was approved on 08/03/2020 by The Premier Bank Minnesota reported 6 jobs and $21,700 was used to fund payroll.

Rachel's light, inc. is New Business or 2 years or less

PPP Loan Search / MN / OWATONNA / Rachel's light, inc.

RACHEL'S LIGHT, INC.

Date Approved

08/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RACHEL'S LIGHT, INC.

Borrower Address

12 Knowllwood Place

Borrower City

OWATONNA

Borrower State

MN

Borrower Zip

55060-2101

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21700.00

Current Approval Amount

21700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117020

Servicing Lender Name

Premier Bank Minnesota

Servicing Lender Address

101 E 10th St

Servicing Lender City

Hastings

Servicing Lender State

MN

Servicing Lender Zip

55033

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OWATONNA

Project County Name

STEELE

Project State

MN

Project Zip

55060-2101

CD

MN-01

Jobs Reported

6

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

21700.00

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

Non-Profit Organization

Originating Lender Location Id

117020

Originating Lender

Premier Bank Minnesota

Originating Lender City

Hastings

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

21888.07

Forgiveness Date

06/16/2021

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