PPP Loan information for Radermacher industries inc.

$745,570

Radermacher industries inc. was initially approved for PPP Loan of amount $745,570, the current approved amount is $745,570. The loan was approved on 04/10/2020 by The Tradition Capital Bank reported 54 jobs and $745,570 was used to fund payroll.

Radermacher industries inc. is Existing or more than 2 years old

PPP Loan Search / MN / HOPKINS / Radermacher industries inc.

RADERMACHER INDUSTRIES INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RADERMACHER INDUSTRIES INC.

Borrower Address

11303 EXCELSIOR BLVD

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-7463

Loan Status Date

06/03/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

745570.00

Current Approval Amount

745570.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434701

Servicing Lender Name

Tradition Capital Bank

Servicing Lender Address

100 West Lake St

Servicing Lender City

WAYZATA

Servicing Lender State

MN

Servicing Lender Zip

55391

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-7463

CD

MN-03

Jobs Reported

54

NAICS Code

238290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

37278.00

Payroll Proceed

559178.00

Mortgage Interest Proceed

0.00

Rent Proceed

149114.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

434701

Originating Lender

Tradition Capital Bank

Originating Lender City

WAYZATA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

750349.82

Forgiveness Date

12/08/2020

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