Rubber Industries, INC

$722,200 PPP Loan in Shakopee, Minnesota

Loan Details

Loan Number
1956417107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$722,200
Current Approval
$722,200
Forgiveness Amount
$729,541
Forgiveness Date
Apr 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rubber Industries, INC
Address
200 Cavanaugh Dr
ZIP Code
55379-1762
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326291)
Business Age
Existing or more than 2 years old
Jobs Reported
59
Estimated Revenue
$58.5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$722,200

Lender Information

Servicing Lender
Htlf Bank
Originating Lender
Minnesota Bank and Trust, a Division of Htlf Bank

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