Risk Administration Services, Inc.

$2,064,200 PPP Loan in Sioux Falls, South Dakota

Loan Details

Loan Number
7032407101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,064,200
Current Approval
$2,064,200
Forgiveness Amount
$2,087,839
Forgiveness Date
Jun 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Risk Administration Services, Inc.
Address
300 Cherapa Place Suite 401
ZIP Code
57103-2274
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524292)
Business Age
New Business or 2 years or less
Jobs Reported
125
Estimated Revenue
$55.0M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$1,651,424
Rent
$103,194
Utilities
$103,194
Health Care
$103,194
Debt Interest
$103,194

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

Other PPP Loans in Sioux Falls, SD

BusinessApproved
Sonifi Solutions INC$8,908,227NewBizBotResearch
Regency Midwest Ventures Limited Partnership$5,225,305NewBizBotResearch
Tak Communications, Inc.$4,960,067NewBizBotResearch
Sioux Falls Specialty Hospital, LLP$4,137,100NewBizBotResearch
Journey Group Companies$3,899,200NewBizBotResearch

Want to research this company further?

Try NewBizBot free