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Rpm Motor Company INC

$364,500 PPP Loan in Buffalo, Minnesota

Loan Details

Loan Number
9272857007
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$364,500
Current Approval
$364,500
Forgiveness Amount
$368,814
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rpm Motor Company INC
Address
1000 E Hwy 55
City
Buffalo
State
Minnesota
ZIP Code
55313
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.1M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$364,500

Lender Information

Servicing Lender
Old National Bank
Originating Lender
Old National Bank

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