Rak Construction, Inc.
$607,000 PPP Loan in Cedar, Minnesota
Loan Details
- Loan Number
- 5754797203
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $607,000
- Current Approval
- $607,000
- Forgiveness Amount
- $612,771
- Forgiveness Date
- Apr 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rak Construction, Inc.
- Address
- 21435 Johnson St NE
- City
- Cedar
- State
- Minnesota
- ZIP Code
- 55011-5021
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 28
- Estimated Revenue
- $31.9M
- Rural/Urban
- Urban
- Congressional District
- MN-06
Loan Use Breakdown
- Payroll
- $607,000
Lender Information
- Servicing Lender
- Vibrant Credit Union
- Originating Lender
- Vibrant Credit Union
Other PPP Loans in Cedar, MN
| Business | Approved | |
|---|---|---|
| Aggressive Hydraulics, Inc. | $1,056,000 |  Research |
| Aggressive Hydraulics INC | $1,036,182 | Research |
| Classic Construction of Cedar Minnesota, Inc. | $750,000 | Research |
| Rak Construction Inc. | $621,698 | Research |
| Ricks Plumbing INC | $237,100 | Research |
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