Rak Construction Inc.
$621,698 PPP Loan in Cedar, Minnesota
Loan Details
- Loan Number
- 3917658406
- Date Approved
- Feb 5, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $621,698
- Current Approval
- $621,698
- Forgiveness Amount
- $624,083
- Forgiveness Date
- Jul 2, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Rak Construction Inc.
- Address
- 21435 Johnson St NE
- City
- Cedar
- State
- Minnesota
- ZIP Code
- 55011-5021
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 31
- Estimated Revenue
- $35.3M
- Rural/Urban
- Urban
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $621,696
- Utilities
- $1
Lender Information
- Servicing Lender
- Vibrant Credit Union
- Originating Lender
- Vibrant Credit Union
Other PPP Loans in Cedar, MN
| Business | Approved | |
|---|---|---|
| Aggressive Hydraulics, Inc. | $1,056,000 |  Research |
| Aggressive Hydraulics INC | $1,036,182 | Research |
| Classic Construction of Cedar Minnesota, Inc. | $750,000 | Research |
| Rak Construction, Inc. | $607,000 | Research |
| Ricks Plumbing INC | $237,100 | Research |
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