Rashid Corp

$538,241 PPP Loan in Bloomington, Minnesota

Loan Details

Loan Number
5931438405
Date Approved
Feb 9, 2021
Loan Status
Paid in Full
Initial Approval
$538,241
Current Approval
$538,241
Forgiveness Amount
$541,426
Forgiveness Date
Sep 21, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rashid Corp
Address
2231 Killebrew Dr
ZIP Code
55425-1881
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Ihop
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$538,236
Utilities
$1

Lender Information

Servicing Lender
Midcountry Bank
Originating Lender
Midcountry Bank

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