Rasmussen Lumber Company

$175,067 PPP Loan in Manning, Iowa

Loan Details

Loan Number
9130767009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$175,067
Current Approval
$175,067
Forgiveness Amount
$177,000
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rasmussen Lumber Company
Address
1121 Sixth Street
State
Iowa
ZIP Code
51455
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (444110)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$140,054
Utilities
$35,013

Lender Information

Servicing Lender
The First National Bank of Manning
Originating Lender
The First National Bank of Manning

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