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Rainbow Bait, INC

$23,050 PPP Loan in Ruthton, Minnesota

Loan Details

Loan Number
1756357206
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$23,050
Current Approval
$23,050
Forgiveness Amount
$23,220
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainbow Bait, INC
Address
121 Cleveland Street
City
Ruthton
State
Minnesota
ZIP Code
56170
Business Type
Corporation
Industry (NAICS)
Retail Trade (451110)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$23,050

Lender Information

Servicing Lender
First Independent Bank
Originating Lender
First Independent Bank

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