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Rahn's Oil & Propane Inc.

$724,471 PPP Loan in Melrose, Minnesota

Loan Details

Loan Number
3047338508
Date Approved
Feb 22, 2021
Loan Status
Paid in Full
Initial Approval
$724,471
Current Approval
$724,471
Forgiveness Amount
$729,096
Forgiveness Date
Oct 25, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rahn's Oil & Propane Inc.
Address
1220 E Main St
City
Melrose
State
Minnesota
ZIP Code
56352-1474
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424710)
Business Age
Existing or more than 2 years old
Jobs Reported
118
Estimated Revenue
$30.4M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$724,471

Lender Information

Servicing Lender
Magnifi Financial Cu
Originating Lender
Magnifi Financial Cu

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