PPP Loan information for Reliable drug & alcohol inc

$40,000

Reliable drug & alcohol inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 02/24/2021 by The MidCountry Bank reported 8 jobs and $40,000 was used to fund payroll.

Reliable drug & alcohol inc is Existing or more than 2 years old

RELIABLE DRUG & ALCOHOL INC

Date Approved

02/24/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RELIABLE DRUG & ALCOHOL INC

Borrower Address

7851 Metro Pkwy Ste 115

Borrower City

Bloomington

Borrower State

MN

Borrower Zip

55425-1421

Loan Status Date

08/13/2021

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

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bloomington

Project County Name

HENNEPIN

Project State

MN

Project Zip

55425-1421

CD

MN-03

Jobs Reported

8

NAICS Code

541990

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39998.00

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

Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40155.62

Forgiveness Date

07/26/2021

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