Reacor, Ltd

$483,100 PPP Loan in Eden Prairie, Minnesota

Loan Details

Loan Number
3806277106
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$483,100
Current Approval
$483,100
Forgiveness Amount
$486,911
Forgiveness Date
Feb 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Reacor, Ltd
Address
6640 Shady Oak Road #300
ZIP Code
55344-1133
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531110)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$362,325
Rent
$30,194
Utilities
$30,194
Health Care
$30,194
Mortgage Interest
$30,194

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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