PPP Loan information for M rae inc

$304,332

M rae inc was initially approved for PPP Loan of amount $304,332, the current approved amount is $304,332. The loan was approved on 01/30/2021 by The Northwest Bank reported 29 jobs and $304,332 was used to fund payroll.

M rae inc is Existing or more than 2 years old

PPP Loan Search / PA / Hershey / M rae inc

M RAE INC

Date Approved

01/30/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

M RAE INC

Borrower Address

102 W Chocolate Ave

Borrower City

Hershey

Borrower State

PA

Borrower Zip

17033-1524

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

304331.83

Current Approval Amount

304331.83

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hershey

Project County Name

DAUPHIN

Project State

PA

Project Zip

17033-1524

CD

PA-10

Jobs Reported

29

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

304328.83

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

Corporation

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

307725.34

Forgiveness Date

03/16/2022

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