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The Rapat Corporation.

$1,197,500 PPP Loan in Hawley, Minnesota

Loan Details

Loan Number
6717657006
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,197,500
Current Approval
$1,197,500
Forgiveness Amount
$1,204,386
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Rapat Corporation.
Address
919 O'donnell Street
City
Hawley
State
Minnesota
ZIP Code
56549
Business Type
Corporation
Industry (NAICS)
Manufacturing (331221)
Business Age
Existing or more than 2 years old
Jobs Reported
99
Estimated Revenue
$25.9M
Rural/Urban
Urban
Congressional District
MN-07

Loan Use Breakdown

Payroll
$1,115,538
Health Care
$81,962

Lender Information

Servicing Lender
Valley Premier Bank
Originating Lender
Valley Premier Bank

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