Date Approved
02/18/2021
SBA Office Code
0508
Processing Method
PPS
Borrower Name
RYMAX PA
Borrower Address
501 Main St NW Ste 101
Borrower City
Elk River
Borrower State
MN
Borrower Zip
55330-1550
Loan Status Date
10/04/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
124412.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
38030
Servicing Lender Name
The Bank of Elk River
Servicing Lender Address
630 Main St
Servicing Lender City
ELK RIVER
Servicing Lender State
Servicing Lender Zip
55330-1503
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SHERBURNE
Project State
Project Zip
CD
MN-06
Jobs Reported
12
NAICS Code
621210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
124408.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Professional Association
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
125151.65
Forgiveness Date
09/28/2021