PPP Loan information for Rapids brewing company llc

$144,700

Rapids brewing company llc was initially approved for PPP Loan of amount $144,700, the current approved amount is $144,700. The loan was approved on 02/09/2021 by The Park State Bank reported 13 jobs and $144,700 was used to fund payroll.

Rapids brewing company llc is Existing or more than 2 years old

PPP Loan Search / MN / Grand Rapids / Rapids brewing company llc

RAPIDS BREWING COMPANY LLC

Date Approved

02/09/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RAPIDS BREWING COMPANY LLC

Borrower Address

214 N Pokegama Ave

Borrower City

Grand Rapids

Borrower State

MN

Borrower Zip

55744-2723

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

144700.00

Current Approval Amount

144700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36814

Servicing Lender Name

Park State Bank

Servicing Lender Address

2630 W Superior St

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55806-1817

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

ITASCA

Project State

MN

Project Zip

55744-2723

CD

MN-08

Jobs Reported

13

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

144696.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

36814

Originating Lender

Park State Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

145500.81

Forgiveness Date

09/07/2021

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