Right Arrow Parcels, Inc.

$704,400 PPP Loan in Shafer, Minnesota

Loan Details

Loan Number
8726577105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$704,400
Current Approval
$704,400
Forgiveness Amount
$709,507
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Right Arrow Parcels, Inc.
Address
18135 Furuby Road
City
Shafer
ZIP Code
55074
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (488490)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$677,630
Rent
$7,510
Debt Interest
$19,260

Lender Information

Servicing Lender
Visionbank
Originating Lender
Visionbank

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