Rapids Brewing Company, LLC
$111,600 PPP Loan in Grand Rapids, Minnesota
Loan Details
- Loan Number
- 5634167110
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $111,600
- Current Approval
- $103,400
- Forgiveness Amount
- $104,198
- Forgiveness Date
- Jan 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rapids Brewing Company, LLC
- Address
- 214 N Pokegama Ave
- City
- Grand Rapids
- State
- Minnesota
- ZIP Code
- 55744-2723
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Manufacturing (312120)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 14
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $82,720
- Utilities
- $8,000
- Mortgage Interest
- $12,680
Lender Information
- Servicing Lender
- Park State Bank
- Originating Lender
- Park State Bank
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