PPP Loan information for Rav motors llc

$76,500

Rav motors llc was initially approved for PPP Loan of amount $76,500, the current approved amount is $76,500. The loan was approved on 03/26/2021 by The CorTrust Bank National Association reported 7 jobs and $76,500 was used to fund payroll.

Rav motors llc is Existing or more than 2 years old

PPP Loan Search / MN / Burnsville / Rav motors llc

RAV MOTORS LLC

Date Approved

03/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RAV MOTORS LLC

Borrower Address

3635 Highway 13 W

Borrower City

Burnsville

Borrower State

MN

Borrower Zip

55337-1720

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

76500.00

Current Approval Amount

76500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66414

Servicing Lender Name

CorTrust Bank National Association

Servicing Lender Address

100 E Havens Ave

Servicing Lender City

MITCHELL

Servicing Lender State

SD

Servicing Lender Zip

57301-4026

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burnsville

Project County Name

DAKOTA

Project State

MN

Project Zip

55337-1720

CD

MN-02

Jobs Reported

7

NAICS Code

441120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

76497.00

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

66414

Originating Lender

CorTrust Bank National Association

Originating Lender City

MITCHELL

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76711.68

Forgiveness Date

07/12/2021

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