PPP Loan information for Ralco nutrition, inc.

$2,697,250

Ralco nutrition, inc. was initially approved for PPP Loan of amount $2,697,250, the current approved amount is $2,697,250. The loan was approved on 04/05/2020 by The Bremer Bank, National Association reported 145 jobs and $2,697,250 was used to fund payroll.

Ralco nutrition, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MARSHALL / Ralco nutrition, inc.

RALCO NUTRITION, INC.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RALCO NUTRITION, INC.

Borrower Address

1600 HAHN ROAD PO BOX 1083

Borrower City

MARSHALL

Borrower State

MN

Borrower Zip

56258-0883

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2697250.00

Current Approval Amount

2697250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARSHALL

Project County Name

LYON

Project State

MN

Project Zip

56258-0883

CD

MN-07

Jobs Reported

145

NAICS Code

311119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2697250.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2634769.77

Forgiveness Date

06/11/2021

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