R&r Auto & Metal Salvage INC

$97,950 PPP Loan in Litchfield, Minnesota

Loan Details

Loan Number
3179368203
Date Approved
Aug 4, 2020
Loan Status
Paid in Full
Initial Approval
$97,950
Current Approval
$97,950
Forgiveness Amount
$98,591
Forgiveness Date
Apr 1, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
R&r Auto & Metal Salvage INC
Address
64148 US Hwy 12
ZIP Code
55355-5251
Business Type
Joint Venture
Industry (NAICS)
Retail Trade (441310)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$78,360
Rent
$18,000
Utilities
$1,590

Lender Information

Servicing Lender
Citizens Alliance Bank
Originating Lender
Citizens Alliance Bank

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