Racks Bar & Grill
$90,842 PPP Loan in Spring Valley, Minnesota
Loan Details
- Loan Number
- 3585848309
- Date Approved
- Jan 22, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $90,842
- Current Approval
- $90,842
- Forgiveness Amount
- $91,914
- Forgiveness Date
- Mar 31, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Racks Bar & Grill
- Address
- 1027 N Broadway Ave
- City
- Spring Valley
- State
- Minnesota
- ZIP Code
- 55975
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 15
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-01
Loan Use Breakdown
- Payroll
- $90,841
- Utilities
- $1
Lender Information
- Servicing Lender
- First State Bank Minnesota
- Originating Lender
- First State Bank Minnesota
Other PPP Loans in Spring Valley, MN
| Business | Approved | |
|---|---|---|
| Community Memorial Hospital INC | $638,000 |  Research |
| Kappers Fabricating, Inc. | $589,450 | Research |
| Amd Distribution INC | $565,700 | Research |
| Dan-Am Co. | $432,281 | Research |
| Dan-Am Co | $432,280 | Research |
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