Rainy Lake Oil INC

$253,000 PPP Loan in International Falls, Minnesota

Loan Details

Loan Number
2802857101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$253,000
Current Approval
$253,000
Forgiveness Amount
$255,218
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rainy Lake Oil INC
Address
383 Hwy 332 E
ZIP Code
56649
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.7M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$253,000

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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