Rapid Garage Door Company INC

$68,300 PPP Loan in Grand Rapids, Minnesota

Loan Details

Loan Number
6358537002
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$68,300
Current Approval
$62,400
Forgiveness Amount
$63,001
Forgiveness Date
Mar 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rapid Garage Door Company INC
Address
423 NE 5th Ave
ZIP Code
55744-2928
Business Type
Corporation
Industry (NAICS)
Construction (238290)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$49,920
Rent
$2,480
Utilities
$10,000

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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