Richards Transportation Service, Inc. - Kragnes

$291,800 PPP Loan in Moorhead, Minnesota

Loan Details

Loan Number
4633737108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$291,800
Current Approval
$291,800
Forgiveness Amount
$294,094
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Richards Transportation Service, Inc. - Kragnes
Address
2139 100th Ave N
ZIP Code
56560-7242
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (485410)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$21.1M
Rural/Urban
Urban
Congressional District
MN-07

Loan Use Breakdown

Payroll
$250,000
Rent
$30,000
Utilities
$11,800

Lender Information

Servicing Lender
First International Bank & Trust
Originating Lender
First International Bank & Trust

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