PPP Loan information for Rapids insurance agency

$12,900

Rapids insurance agency was initially approved for PPP Loan of amount $12,900, the current approved amount is $12,900. The loan was approved on 04/07/2020 by The Woodland Bank reported 3 jobs and $12,900 was used to fund payroll.

Rapids insurance agency is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Rapids insurance agency

RAPIDS INSURANCE AGENCY

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RAPIDS INSURANCE AGENCY

Borrower Address

1605 NW 4TH ST

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-2102

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12900.00

Current Approval Amount

12900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38785

Servicing Lender Name

Woodland Bank

Servicing Lender Address

217 Main Ave East

Servicing Lender City

DEER RIVER

Servicing Lender State

MN

Servicing Lender Zip

56636-8737

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

55744-2102

CD

MN-08

Jobs Reported

3

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

12900.00

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

38785

Originating Lender

Woodland Bank

Originating Lender City

DEER RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

12973.10

Forgiveness Date

11/02/2020

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