PPP Loan information for Red pine industries, inc

$59,000

Red pine industries, inc was initially approved for PPP Loan of amount $59,000, the current approved amount is $59,000. The loan was approved on 04/15/2020 by The Bremer Bank, National Association reported 3 jobs and $59,000 was used to fund payroll.

Red pine industries, inc is Existing or more than 2 years old

RED PINE INDUSTRIES, INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RED PINE INDUSTRIES, INC

Borrower Address

4829 126TH STREET NORTH

Borrower City

WHITE BEAR LAKE

Borrower State

MN

Borrower Zip

55110

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59000.00

Current Approval Amount

59000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WHITE BEAR LAKE

Project County Name

RAMSEY

Project State

MN

Project Zip

55110-0011

CD

MN-04

Jobs Reported

3

NAICS Code

532490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59000.00

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59568.99

Forgiveness Date

04/08/2021

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