Reliance Telephone Systems, Inc.
$76,250 PPP Loan in East Grand Forks, Minnesota
Loan Details
- Loan Number
- 1867107106
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $76,250
- Current Approval
- $71,268
- Forgiveness Amount
- $71,737
- Forgiveness Date
- Feb 12, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Reliance Telephone Systems, Inc.
- Address
- 118 Gateway Dr NW
- City
- East Grand Forks
- State
- Minnesota
- ZIP Code
- 56721-1570
- Business Type
- Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 7
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $52,518
- Rent
- $11,500
- Utilities
- $7,250
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
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