PPP Loan information for The ras corporation

$267,500

The ras corporation was initially approved for PPP Loan of amount $267,500, the current approved amount is $267,500. The loan was approved on 02/03/2021 by The Bremer Bank, National Association reported 58 jobs and $267,500 was used to fund payroll.

The ras corporation is Existing or more than 2 years old

THE RAS CORPORATION

Date Approved

02/03/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

THE RAS CORPORATION

Borrower Address

5716 County Road 101

Borrower City

Minnetonka

Borrower State

MN

Borrower Zip

55345-5021

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

267500.00

Current Approval Amount

267500.00

Undisbursed Amount

0.00

Franchise Name

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

55345-5021

CD

MN-03

Jobs Reported

58

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

267497.00

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

269075.68

Forgiveness Date

09/09/2021

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