PPP Loan information for Restoration services, inc.

$67,700

Restoration services, inc. was initially approved for PPP Loan of amount $67,700, the current approved amount is $67,700. The loan was approved on 04/27/2020 by The Reliance Bank reported 6 jobs and $67,700 was used to fund payroll.

Restoration services, inc. is Existing or more than 2 years old

RESTORATION SERVICES, INC.

Date Approved

04/27/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RESTORATION SERVICES, INC.

Borrower Address

1075 Willow Street PO Box 882

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-0882

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

67700.00

Current Approval Amount

67700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449710

Servicing Lender Name

Reliance Bank

Servicing Lender Address

2300 NW 30th St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-1938

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-0882

CD

MN-01

Jobs Reported

6

NAICS Code

238140

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16925.00

Payroll Proceed

50775.00

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

449710

Originating Lender

Reliance Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

68304.66

Forgiveness Date

03/24/2021

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