Red Lake INC
$1,587,500 PPP Loan in Redlake, Minnesota
Loan Details
- Loan Number
- 7919797005
- Date Approved
- Apr 8, 2020
- Loan Status
- Exemption 4
- Initial Approval
- $1,587,500
- Current Approval
- $1,587,500
- Forgiveness Amount
- $1,384,844
- Forgiveness Date
- Oct 4, 2021
- Term
- 59 months
- Draw
- First Draw
Business Information
- Business Name
- Red Lake INC
- Address
- 23884 Hwy 1 W
- City
- Redlake
- State
- Minnesota
- ZIP Code
- 56671-0592
- Business Type
- Cooperative
- Industry (NAICS)
- Management of Companies and Enterprises (551112)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 250
- Estimated Revenue
- $41.1M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $1,587,500
Lender Information
- Servicing Lender
- The First National Bank of Bemidji
- Originating Lender
- The First National Bank of Bemidji
Other PPP Loans in Redlake, MN
| Business | Approved | |
|---|---|---|
| Red Lake Inc. | $1,217,022 |  AI Deep Dive |
| Red Lake Nation | $306,000 | AI Deep Dive |
| Immaculate Conception Church | $198,500 | AI Deep Dive |
| Earthworks Technology INC | $118,500 | AI Deep Dive |
| Cheryl M Thomas | $20,833 | AI Deep Dive |
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