Ralco Nutrition, Inc.

$2,697,250 PPP Loan in Marshall, Minnesota

Loan Details

Loan Number
5421237005
Date Approved
Apr 5, 2020
Loan Status
Exemption 4
Initial Approval
$2,697,250
Current Approval
$2,697,250
Forgiveness Amount
$2,634,770
Forgiveness Date
Jun 11, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Ralco Nutrition, Inc.
Address
1600 Hahn Road Po Box 1083
ZIP Code
56258-0883
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311119)
Business Age
Existing or more than 2 years old
Jobs Reported
145
Estimated Revenue
$51.2M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$2,697,250

Lender Information

Servicing Lender
Bremer Bank, National Association
Originating Lender
Bremer Bank, National Association

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