PPP Loan information for Rural manufacturing co. inc.

$145,133

Rural manufacturing co. inc. was initially approved for PPP Loan of amount $145,133, the current approved amount is $145,133. The loan was approved on 04/06/2020 by The Merchants State Bank reported 18 jobs and $145,133 was used to fund payroll.

Rural manufacturing co. inc. is Existing or more than 2 years old

PPP Loan Search / SD / FREEMAN / Rural manufacturing co. inc.

RURAL MANUFACTURING CO. INC.

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

RURAL MANUFACTURING CO. INC.

Borrower Address

820 N. US Hwy 81

Borrower City

FREEMAN

Borrower State

SD

Borrower Zip

57029-0378

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145133.00

Current Approval Amount

145133.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66522

Servicing Lender Name

Merchants State Bank

Servicing Lender Address

305 S Main St

Servicing Lender City

FREEMAN

Servicing Lender State

SD

Servicing Lender Zip

57029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREEMAN

Project County Name

HUTCHINSON

Project State

SD

Project Zip

57029-0378

CD

SD-

Jobs Reported

18

NAICS Code

332999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

145133.00

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

Corporation

Originating Lender Location Id

66522

Originating Lender

Merchants State Bank

Originating Lender City

FREEMAN

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

146015.89

Forgiveness Date

11/19/2020

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