Rahn Industries
$58,025 PPP Loan in New Prague, Minnesota
Loan Details
- Loan Number
- 6337637107
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $58,025
- Current Approval
- $58,025
- Forgiveness Amount
- $58,678
- Forgiveness Date
- Jun 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rahn Industries
- Address
- 520 6th Street NW
- City
- New Prague
- State
- Minnesota
- ZIP Code
- 56071
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (333112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 4
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $43,600
- Utilities
- $5,800
- Mortgage Interest
- $8,625
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
Other PPP Loans in New Prague, MN
| Business | Approved | |
|---|---|---|
| Scott Equipment Co | $1,995,000 |  AI Deep Dive |
| Jeff Belzer New Prague Auto, Inc. | $941,917 | AI Deep Dive |
| Denwin, Inc. | $469,500 | AI Deep Dive |
| Quality Flow Systems INC | $397,300 | AI Deep Dive |
| Quality Flow Systems INC | $388,152 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free