Rare Earth Coatings, Inc.
$209,200 PPP Loan in Litchfield, Minnesota
Loan Details
- Loan Number
- 5871327201
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $209,200
- Current Approval
- $209,200
- Forgiveness Amount
- $210,362
- Forgiveness Date
- Nov 23, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rare Earth Coatings, Inc.
- Address
- 412 South Gilman Avenue
- City
- Litchfield
- State
- Minnesota
- ZIP Code
- 55355
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (339999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 35
- Estimated Revenue
- $9.8M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $209,200
Lender Information
- Servicing Lender
- Center National Bank
- Originating Lender
- Center National Bank
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