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
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
Servicing Lender Zip
55330-1503
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
MN-08
Jobs Reported
2
NAICS Code
333992
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
9900.00
Mortgage Interest Proceed
2000.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
12009.55
Forgiveness Date
06/01/2021