PPP Loan information for Rick's forest products, inc

$49,300

Rick's forest products, inc was initially approved for PPP Loan of amount $46,700, the current approved amount is $49,300. The loan was approved on 04/12/2020 by The Ultima Bank Minnesota reported 17 jobs and $49,300 was used to fund payroll.

Rick's forest products, inc is Existing or more than 2 years old

PPP Loan Search / MN / BEMIDJI / Rick's forest products, inc

RICK'S FOREST PRODUCTS, INC

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RICK'S FOREST PRODUCTS, INC

Borrower Address

49361 US 71

Borrower City

BEMIDJI

Borrower State

MN

Borrower Zip

56601-9450

Loan Status Date

01/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46700.00

Current Approval Amount

49300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39047

Servicing Lender Name

Ultima Bank Minnesota

Servicing Lender Address

9 W Minnesota Ave

Servicing Lender City

WINGER

Servicing Lender State

MN

Servicing Lender Zip

56592

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BEMIDJI

Project County Name

HUBBARD

Project State

MN

Project Zip

56601-9450

CD

MN-08

Jobs Reported

17

NAICS Code

113310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49300.00

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

39047

Originating Lender

Ultima Bank Minnesota

Originating Lender City

WINGER

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

39518.57

Forgiveness Date

11/05/2020

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