Racer Construction INC

$55,400 PPP Loan in Osage, Minnesota

Loan Details

Loan Number
5767777000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$55,400
Current Approval
$55,400
Forgiveness Amount
$55,745
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Racer Construction INC
Address
26299 Eagle Bay Ave
City
Osage
ZIP Code
56570-9404
Business Type
Corporation
Industry (NAICS)
Construction (238910)
Business Age
New Business or 2 years or less
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$55,400

Lender Information

Servicing Lender
The Citizens National Bank of Park Rapids
Originating Lender
The Citizens National Bank of Park Rapids

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