PPP Loan information for Ric inc

$126,400

Ric inc was initially approved for PPP Loan of amount $126,400, the current approved amount is $126,400. The loan was approved on 04/08/2020 by The Prime Security Bank reported 12 jobs and $126,400 was used to fund payroll.

Ric inc is Existing or more than 2 years old

RIC INC

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

126400.00

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

MN

Servicing Lender Zip

56732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-1552

CD

MN-02

Jobs Reported

12

NAICS Code

531210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

94800.00

Mortgage Interest Proceed

31600.00

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

38270

Originating Lender

Prime Security Bank

Originating Lender City

KARLSTAD

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127333.96

Forgiveness Date

01/07/2021

;