Rahn Industries Inc.

$55,792 PPP Loan in New Prague, Minnesota

Loan Details

Loan Number
2195678404
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$55,792
Current Approval
$55,792
Forgiveness Amount
$56,044
Forgiveness Date
Jul 28, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rahn Industries Inc.
Address
31515 State Highway 13
ZIP Code
56071-4567
Business Type
Corporation
Industry (NAICS)
Manufacturing (333112)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-02

Loan Use Breakdown

Payroll
$55,788
Utilities
$1

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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