# PPP loan: MINNEAPOLIS RAGSTOCK CO.
> **$1.29M** approved 01/21/2021 · Paid in Full · Loan `3010708301`
## Borrower
- **Name:** MINNEAPOLIS RAGSTOCK CO.
- **Address:** 113 27th Ave NE Ste I, Minneapolis, MN, 55418-2726
- **NAICS:** 453310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.30M (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.29M
- **Utilities:** $1
- **Jobs reported:** 191
## Lender
- **Originating:** Bell Bank
- **Servicing:** Bell Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*