J & R Ransom Trucking, INC

$217,300 PPP Loan in Rose Creek, Minnesota

Loan Details

Loan Number
5178977101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$217,300
Current Approval
$217,300
Forgiveness Amount
$218,485
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
J & R Ransom Trucking, INC
Address
12641 610th Avenue
ZIP Code
55970-8651
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$5.2M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$207,800
Rent
$5,000
Utilities
$3,000
Debt Interest
$1,500

Lender Information

Servicing Lender
United Farmers State Bank
Originating Lender
United Farmers State Bank

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