Relay Networks INC

$142,200 PPP Loan in Deephaven, Minnesota

Loan Details

Loan Number
6172787107
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$142,200
Current Approval
$142,200
Forgiveness Amount
$143,251
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Relay Networks INC
Address
18399 Minnetonka Blvd
ZIP Code
55391
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (425110)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$106,650
Rent
$8,888
Utilities
$8,888
Mortgage Interest
$8,888
Debt Interest
$8,888

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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