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Ray Riihiluoma, Inc.

$385,550 PPP Loan in Cloquet, Minnesota

Loan Details

Loan Number
3013817200
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$385,550
Current Approval
$385,550
Forgiveness Amount
$388,391
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ray Riihiluoma, Inc.
Address
1415 Highway 33 South
City
Cloquet
State
Minnesota
ZIP Code
55720
Business Type
Corporation
Industry (NAICS)
Construction (236210)
Business Age
Change of Ownership
Jobs Reported
22
Estimated Revenue
$25.1M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$289,163
Utilities
$96,387

Lender Information

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

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