Rao Manufacturing Company
$1,995,107 PPP Loan in Fridley, Minnesota
Loan Details
- Loan Number
- 7269298306
- Date Approved
- Jan 28, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $1,995,107
- Current Approval
- $1,995,107
- Forgiveness Amount
- $2,015,723
- Forgiveness Date
- Feb 9, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Rao Manufacturing Company
- Address
- 200 Mississippi St NE
- City
- Fridley
- State
- Minnesota
- ZIP Code
- 55432-4321
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 215
- Estimated Revenue
- $52.6M
- Rural/Urban
- Urban
- Congressional District
- MN-05
Loan Use Breakdown
- Payroll
- $1,995,106
- Utilities
- $1
Lender Information
- Servicing Lender
- U.s. Bank, National Association
- Originating Lender
- U.s. Bank, National Association
Other PPP Loans in Fridley, MN
| Business | Approved | |
|---|---|---|
| Reviva, Inc. | $2,589,000 |  Research |
| Rao Manufacturing Company | $2,433,608 | Research |
| Metropolitan Transportation Network, INC | $1,998,200 | Research |
| Fridley Motor Company | $1,580,800 | Research |
| Richland Refrigerated Solutions | $1,364,800 | Research |
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