PPP Loan information for Kenneth l. rakes

$45,121

Kenneth l. rakes was initially approved for PPP Loan of amount $45,121, the current approved amount is $45,121. The loan was approved on 01/25/2021 by The The National Bank of Blacksburg reported 11 jobs and $45,121 was used to fund payroll.

Kenneth l. rakes is Existing or more than 2 years old

KENNETH L. RAKES

Date Approved

01/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

KENNETH L. RAKES

Borrower Address

511 Mountain Lake Ave

Borrower City

Pearisburg

Borrower State

VA

Borrower Zip

24134-1629

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45121.45

Current Approval Amount

45121.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73099

Servicing Lender Name

The National Bank of Blacksburg

Servicing Lender Address

100 S Main St

Servicing Lender City

BLACKSBURG

Servicing Lender State

VA

Servicing Lender Zip

24060-4859

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pearisburg

Project County Name

GILES

Project State

VA

Project Zip

24134-1629

CD

VA-09

Jobs Reported

11

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

45119.45

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73099

Originating Lender

The National Bank of Blacksburg

Originating Lender City

BLACKSBURG

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

45373.64

Forgiveness Date

08/20/2021

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