PPP Loan information for Rare pair inc.

$52,530

Rare pair inc. was initially approved for PPP Loan of amount $52,530, the current approved amount is $52,530. The loan was approved on 02/24/2021 by The Merchants Bank, National Association reported 10 jobs and $52,530 was used to fund payroll.

Rare pair inc. is Existing or more than 2 years old

PPP Loan Search / MN / Northfield / Rare pair inc.

RARE PAIR INC.

Date Approved

02/24/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RARE PAIR INC.

Borrower Address

401 Division St S

Borrower City

Northfield

Borrower State

MN

Borrower Zip

55057-2019

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52530.00

Current Approval Amount

52530.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Northfield

Project County Name

RICE

Project State

MN

Project Zip

55057-2019

CD

MN-02

Jobs Reported

10

NAICS Code

448210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52528.00

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

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52834.97

Forgiveness Date

09/24/2021

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