PPP Loan information for The ras corporation

$434,200

The ras corporation was initially approved for PPP Loan of amount $434,200, the current approved amount is $434,200. The loan was approved on 04/09/2020 by The Bremer Bank, National Association reported 54 jobs and $434,200 was used to fund payroll.

The ras corporation is Existing or more than 2 years old

PPP Loan Search / MN / MINNETONKA / The ras corporation

THE RAS CORPORATION

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

THE RAS CORPORATION

Borrower Address

5716 County Road 101

Borrower City

MINNETONKA

Borrower State

MN

Borrower Zip

55345

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

434200.00

Current Approval Amount

434200.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MINNETONKA

Project County Name

HENNEPIN

Project State

MN

Project Zip

55345-0001

CD

MN-03

Jobs Reported

54

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

434200.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

437697.39

Forgiveness Date

02/03/2021

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