PPP Loan information for Richland refrigerated solutions

$1,364,800

Richland refrigerated solutions was initially approved for PPP Loan of amount $1,364,800, the current approved amount is $1,364,800. The loan was approved on 06/24/2020 by The Sunrise Banks, National Association reported 96 jobs and $1,364,800 was used to fund payroll.

Richland refrigerated solutions is Existing or more than 2 years old

RICHLAND REFRIGERATED SOLUTIONS

Date Approved

06/24/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RICHLAND REFRIGERATED SOLUTIONS

Borrower Address

7260 University Ave ne

Borrower City

Fridley

Borrower State

MN

Borrower Zip

55432-3102

Loan Status Date

08/02/2022

Loan Status

Charged Off

Term

34

SBA Guaranty Percentage

100

Initial Approval Amount

1364800.00

Current Approval Amount

1364800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38858

Servicing Lender Name

Sunrise Banks, National Association

Servicing Lender Address

200 University Ave West

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55103-2074

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fridley

Project County Name

ANOKA

Project State

MN

Project Zip

55432-3102

CD

MN-05

Jobs Reported

96

NAICS Code

423740

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1364800.00

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

38858

Originating Lender

Sunrise Banks, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

285757.73

Forgiveness Date

05/12/2022

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