Rackner INC

$869,673 PPP Loan in Minneapolis, Minnesota

Loan Details

Loan Number
4561718305
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$869,673
Current Approval
$869,673
Forgiveness Amount
$881,038
Forgiveness Date
May 19, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rackner INC
Address
5922 Excelsior Blvd
ZIP Code
55416-2811
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$18.6M
Rural/Urban
Urban
Congressional District
MN-05

Loan Use Breakdown

Payroll
$869,673

Lender Information

Servicing Lender
Associated Bank, National Association
Originating Lender
Associated Bank, National Association

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