PPP Loan information for Rausch petroleum limited co.

$40,000

Rausch petroleum limited co. was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 01/26/2021 by The Peoples State Bank reported 13 jobs and $40,000 was used to fund payroll.

Rausch petroleum limited co. is Existing or more than 2 years old

RAUSCH PETROLEUM LIMITED CO.

Date Approved

01/26/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

RAUSCH PETROLEUM LIMITED CO.

Borrower Address

123 N Highway 52

Borrower City

Guttenberg

Borrower State

IA

Borrower Zip

52052-9466

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76688

Servicing Lender Name

Peoples State Bank

Servicing Lender Address

301 E Blackhawk Ave

Servicing Lender City

PRAIRIE DU CHIEN

Servicing Lender State

WI

Servicing Lender Zip

53821-1532

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Guttenberg

Project County Name

CLAYTON

Project State

IA

Project Zip

52052-9466

CD

IA-02

Jobs Reported

13

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39997.00

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

76688

Originating Lender

Peoples State Bank

Originating Lender City

PRAIRIE DU CHIEN

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40171.11

Forgiveness Date

06/30/2021

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