PPP Loan information for Rare aircraft ltd

$137,200

Rare aircraft ltd was initially approved for PPP Loan of amount $137,200, the current approved amount is $137,200. The loan was approved on 04/04/2020 by The 1st United Bank reported 14 jobs and $137,200 was used to fund payroll.

Rare aircraft ltd is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / Rare aircraft ltd

RARE AIRCRAFT LTD

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RARE AIRCRAFT LTD

Borrower Address

3401 HIGHWAY 21 WEST

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-3648

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

137200.00

Current Approval Amount

137200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-3648

CD

MN-01

Jobs Reported

14

NAICS Code

336411

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

137200.00

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

Corporation

Originating Lender Location Id

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

138217.57

Forgiveness Date

01/07/2021

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