Date Approved
05/01/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
RAS ENTERPRISE L.L.C.
Borrower Address
1807 MICHAEL PL
Borrower City
ALBERT LEA
Borrower State
MN
Borrower Zip
56007-2159
Loan Status Date
11/06/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
16243.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38247
Servicing Lender Name
Produce State Bank
Servicing Lender Address
109 Park Ave
Servicing Lender City
HOLLANDALE
Servicing Lender State
Servicing Lender Zip
56045-4429
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
FREEBORN
Project State
Project Zip
CD
MN-01
Jobs Reported
4
NAICS Code
445310
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
16480.64
Forgiveness Date
10/28/2021