PPP Loan information for Rags to riches promotions inc.

$37,700

Rags to riches promotions inc. was initially approved for PPP Loan of amount $37,700, the current approved amount is $37,700. The loan was approved on 02/11/2021 by The Alerus Financial, National Association reported 3 jobs and $37,700 was used to fund payroll.

Rags to riches promotions inc. is Existing or more than 2 years old

PPP Loan Search / ND / Fargo / Rags to riches promotions inc.

RAGS TO RICHES PROMOTIONS INC.

Date Approved

02/11/2021

SBA Office Code

0875

Processing Method

PPS

Borrower Name

RAGS TO RICHES PROMOTIONS INC.

Borrower Address

4302 13th Ave S Ste 4-355

Borrower City

Fargo

Borrower State

ND

Borrower Zip

58103-3395

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37700.00

Current Approval Amount

37700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52795

Servicing Lender Name

Alerus Financial, National Association

Servicing Lender Address

401 DeMers Ave

Servicing Lender City

GRAND FORKS

Servicing Lender State

ND

Servicing Lender Zip

58201-4574

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fargo

Project County Name

CASS

Project State

ND

Project Zip

58103-3395

CD

ND-

Jobs Reported

3

NAICS Code

541890

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37699.00

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

52795

Originating Lender

Alerus Financial, National Association

Originating Lender City

GRAND FORKS

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

27623.81

Forgiveness Date

04/21/2022

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