# PPP loan: RACHEL CONTRACTING, LLC
> **$4.28M** approved 04/08/2020 · Paid in Full · Loan `8187657007`
## Borrower
- **Name:** RACHEL CONTRACTING, LLC
- **Address:** 4180 Napier Court NE, SAINT MICHAEL, MN, 55376-9509
- **NAICS:** 237990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $4.28M
- **Initial approval:** $4.28M
- **Forgiven:** $4.34M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.28M
- **Jobs reported:** 147
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*