PPP Loan information for Rycar incorporated

$11,900

Rycar incorporated was initially approved for PPP Loan of amount $11,900, the current approved amount is $11,900. The loan was approved on 06/17/2020 by The The Bank of Elk River reported 2 jobs and $11,900 was used to fund payroll.

Rycar incorporated is Existing or more than 2 years old

RYCAR INCORPORATED

Date Approved

06/17/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

RYCAR INCORPORATED

Borrower Address

4318 277TH AVE

Borrower City

ISANTI

Borrower State

MN

Borrower Zip

55040-5500

Loan Status Date

06/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11900.00

Current Approval Amount

11900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ISANTI

Project County Name

ISANTI

Project State

MN

Project Zip

55040-5500

CD

MN-08

Jobs Reported

2

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

9900.00

Mortgage Interest Proceed

2000.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

12009.55

Forgiveness Date

06/01/2021

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