PPP Loan information for R&k repair service/sales inc.

$37,500

R&k repair service/sales inc. was initially approved for PPP Loan of amount $37,500, the current approved amount is $37,500. The loan was approved on 04/08/2020 by The Frandsen Bank & Trust reported 4 jobs and $37,500 was used to fund payroll.

R&k repair service/sales inc. is New Business or 2 years or less

PPP Loan Search / MN / LAKEVILLE / R&k repair service/sales inc.

R&K REPAIR SERVICE/SALES INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

R&K REPAIR SERVICE/SALES INC.

Borrower Address

20000 Kenrick Ave

Borrower City

LAKEVILLE

Borrower State

MN

Borrower Zip

55044-9303

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37500.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

LAKEVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55044-9303

CD

MN-02

Jobs Reported

4

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1800.00

Payroll Proceed

28200.00

Mortgage Interest Proceed

5600.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1900.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37902.74

Forgiveness Date

05/17/2021

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