PPP Loan information for Real estate equites development, llc

$1,014,800

Real estate equites development, llc was initially approved for PPP Loan of amount $1,014,800, the current approved amount is $1,014,800. The loan was approved on 04/06/2020 by The First Resource Bank reported 71 jobs and $1,014,800 was used to fund payroll.

Real estate equites development, llc is Existing or more than 2 years old

REAL ESTATE EQUITES DEVELOPMENT, LLC

Date Approved

04/06/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

REAL ESTATE EQUITES DEVELOPMENT, LLC

Borrower Address

1400 Corporate Center Curve, Ste 100

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55121-1246

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1014800.00

Current Approval Amount

1014800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434662

Servicing Lender Name

First Resource Bank

Servicing Lender Address

7449 Village Dr

Servicing Lender City

LINO LAKES

Servicing Lender State

MN

Servicing Lender Zip

55014-1181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT PAUL

Project County Name

DAKOTA

Project State

MN

Project Zip

55121-1246

CD

MN-02

Jobs Reported

71

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10148.00

Payroll Proceed

943773.00

Mortgage Interest Proceed

60879.00

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

434662

Originating Lender

First Resource Bank

Originating Lender City

LINO LAKES

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1022723.78

Forgiveness Date

01/26/2021

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