Rural Renewable Energy Alliance

$73,121 PPP Loan in Backus, Minnesota

Loan Details

Loan Number
7475987709
Date Approved
May 1, 2020
Loan Status
Exemption 4
Initial Approval
$73,121
Current Approval
$73,121
Forgiveness Amount
$51,893
Forgiveness Date
Nov 24, 2020
Term
60 months
Draw
First Draw

Business Information

Business Name
Rural Renewable Energy Alliance
Address
3963 8th St SW
City
Backus
ZIP Code
56435
Business Type
Non-Profit Organization
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$73,121

Lender Information

Servicing Lender
U.s. Bank, National Association
Originating Lender
U.s. Bank, National Association

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