Rachel Contracting, LLC

$4,284,200 PPP Loan in Saint Michael, Minnesota

Loan Details

Loan Number
8187657007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$4,284,200
Current Approval
$4,284,200
Forgiveness Amount
$4,338,193
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rachel Contracting, LLC
Address
4180 Napier Court NE
ZIP Code
55376-9509
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (237990)
Business Age
New Business or 2 years or less
Jobs Reported
147
Estimated Revenue
$45.6M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$4,284,200

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Old National Bank

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