PPP Loan information for Rustic oaks, inc

$64,800

Rustic oaks, inc was initially approved for PPP Loan of amount $64,800, the current approved amount is $64,800. The loan was approved on 04/04/2020 by The Cornerstone Bank reported 12 jobs and $64,800 was used to fund payroll.

Rustic oaks, inc is Existing or more than 2 years old

RUSTIC OAKS, INC

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RUSTIC OAKS, INC

Borrower Address

12155 3rd Street S

Borrower City

MOORHEAD

Borrower State

MN

Borrower Zip

56560-7832

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64800.00

Current Approval Amount

64800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORHEAD

Project County Name

CLAY

Project State

MN

Project Zip

56560-7832

CD

MN-07

Jobs Reported

12

NAICS Code

721191

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64800.00

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

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65178.00

Forgiveness Date

11/12/2020

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