PPP Loan information for Michael e rauch

$20,833

Michael e rauch was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 05/14/2020 by The Penn State FCU reported 1 jobs and $20,833 was used to fund payroll.

Michael e rauch is Existing or more than 2 years old

MICHAEL E RAUCH

Date Approved

05/14/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

MICHAEL E RAUCH

Borrower Address

233 Strouse Avenue

Borrower City

State College

Borrower State

PA

Borrower Zip

16803

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20833.32

Current Approval Amount

20833.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

104651

Servicing Lender Name

Penn State FCU

Servicing Lender Address

123 Amberleigh Ln

Servicing Lender City

BELLEFONTE

Servicing Lender State

PA

Servicing Lender Zip

16823-8488

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

State College

Project County Name

CENTRE

Project State

PA

Project Zip

16803-1001

CD

PA-15

Jobs Reported

1

NAICS Code

541990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20833.32

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

Sole Proprietorship

Originating Lender Location Id

104651

Originating Lender

Penn State FCU

Originating Lender City

BELLEFONTE

Originating Lender State

PA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

21038.76

Forgiveness Date

05/13/2021

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