PPP Loan information for Rischard marketing & manufacturing inc

$390,678

Rischard marketing & manufacturing inc was initially approved for PPP Loan of amount $390,678, the current approved amount is $390,678. The loan was approved on 01/30/2021 by The Bremer Bank, National Association reported 32 jobs and $390,678 was used to fund payroll.

Rischard marketing & manufacturing inc is Existing or more than 2 years old

RISCHARD MARKETING & MANUFACTURING INC

Date Approved

01/30/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

RISCHARD MARKETING & MANUFACTURING INC

Borrower Address

831 Industrial Park Blvd

Borrower City

Fergus Falls

Borrower State

MN

Borrower Zip

56537-1249

Loan Status Date

08/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

390677.50

Current Approval Amount

390677.50

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

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fergus Falls

Project County Name

OTTER TAIL

Project State

MN

Project Zip

56537-1249

CD

MN-07

Jobs Reported

32

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

390674.50

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

396382.46

Forgiveness Date

07/20/2022

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