# PPP loan: THE RAS CORPORATION
> **$434K** approved 04/09/2020 · Paid in Full · Loan `1008097107`
## Borrower
- **Name:** THE RAS CORPORATION
- **Address:** 5716 County Road 101, MINNETONKA, MN, 55345
- **NAICS:** 812112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $434K
- **Initial approval:** $434K
- **Forgiven:** $438K (101%)
- **Forgiveness date:** 02/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $434K
- **Jobs reported:** 54
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*