PPP Loan information for R grand distributing, inc

$58,860

R grand distributing, inc was initially approved for PPP Loan of amount $58,860, the current approved amount is $58,860. The loan was approved on 04/14/2020 by The SharePoint CU reported 6 jobs and $58,860 was used to fund payroll.

R grand distributing, inc is Existing or more than 2 years old

R GRAND DISTRIBUTING, INC

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

R GRAND DISTRIBUTING, INC

Borrower Address

8098 Excelsior Blvd

Borrower City

HOPKINS

Borrower State

MN

Borrower Zip

55343-3415

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58860.00

Current Approval Amount

58860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99817

Servicing Lender Name

SharePoint CU

Servicing Lender Address

5300 Hyland Greens Dr

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55437-3933

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOPKINS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55343-3415

CD

MN-03

Jobs Reported

6

NAICS Code

424420

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

860.00

Payroll Proceed

47000.00

Mortgage Interest Proceed

0.00

Rent Proceed

11000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

99817

Originating Lender

SharePoint CU

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59458.28

Forgiveness Date

05/05/2021

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