Ruter Racing LLC

$22,800 PPP Loan in Clear Lake, Iowa

Loan Details

Loan Number
4958317000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$22,800
Current Approval
$22,800
Forgiveness Amount
$22,969
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ruter Racing LLC
Address
2920 4th Ave S
State
Iowa
ZIP Code
50428-2290
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (332710)
Business Age
Existing or more than 2 years old
Jobs Reported
3
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$19,300
Utilities
$2,000
Health Care
$1,500

Lender Information

Servicing Lender
Clear Lake Bank & Trust Company
Originating Lender
Clear Lake Bank & Trust Company

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