Date Approved
04/08/2020
SBA Office Code
0508
Processing Method
PPP
Borrower Name
RIC INC
Borrower Address
160 MARKET ST S
Borrower City
SHAKOPEE
Borrower State
MN
Borrower Zip
55379-1552
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
126400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38270
Servicing Lender Name
Prime Security Bank
Servicing Lender Address
201 Main St
Servicing Lender City
KARLSTAD
Servicing Lender State
Servicing Lender Zip
56732
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SCOTT
Project State
Project Zip
CD
MN-02
Jobs Reported
12
NAICS Code
531210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
94800.00
Mortgage Interest Proceed
31600.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
127333.96
Forgiveness Date
01/07/2021