PPP Loan information for Rystrom, inc.

$61,211

Rystrom, inc. was initially approved for PPP Loan of amount $61,211, the current approved amount is $61,211. The loan was approved on 01/16/2021 by The The State Bank of Faribault reported 20 jobs and $61,211 was used to fund payroll.

Rystrom, inc. is Existing or more than 2 years old

RYSTROM, INC.

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RYSTROM, INC.

Borrower Address

429 Central Ave N

Borrower City

Faribault

Borrower State

MN

Borrower Zip

55021-5216

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61211.00

Current Approval Amount

61211.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Faribault

Project County Name

RICE

Project State

MN

Project Zip

55021-5216

CD

MN-01

Jobs Reported

20

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61211.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61505.15

Forgiveness Date

07/14/2021

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