PPP Loan information for Red river subs, inc.

$253,400

Red river subs, inc. was initially approved for PPP Loan of amount $253,400, the current approved amount is $253,400. The loan was approved on 04/04/2020 by The First Community CU reported 70 jobs and $253,400 was used to fund payroll.

Red river subs, inc. is Existing or more than 2 years old

RED RIVER SUBS, INC.

Date Approved

04/04/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

RED RIVER SUBS, INC.

Borrower Address

3402 13TH AVE

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58103-6324

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253400.00

Current Approval Amount

253400.00

Undisbursed Amount

0.00

Franchise Name

Erbert and Gerbert's

Servicing Lender Location Id

102489

Servicing Lender Name

First Community CU

Servicing Lender Address

111 9th St SW

Servicing Lender City

JAMESTOWN

Servicing Lender State

ND

Servicing Lender Zip

58401-4645

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58103-6324

CD

ND-

Jobs Reported

70

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

180000.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

3400

Business Type

Corporation

Originating Lender Location Id

102489

Originating Lender

First Community CU

Originating Lender City

JAMESTOWN

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

255288.35

Forgiveness Date

01/08/2021

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