As part of the Paycheck Protection Program RAO MANUFACTURING COMPANY was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

RAO MANUFACTURING COMPANY


Loan Amount	$2,433,608
BusinessName	RAO MANUFACTURING COMPANY
Address	200 Mississippi Street NE
City	Fridley
State	MN
Zip	55432
NAICSCode	332119
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	219
DateApproved	04/15/2020
Lender	U.S. Bank, National Association
CD	MN-05
BusinessName.clean	RAO MANUFACTURING COMPANY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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