PPP Loan information for R a k welding and industrial sales

$20,000

R a k welding and industrial sales was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 04/28/2020 by The The Farmers & Merchants State Bank reported 1 jobs and $20,000 was used to fund payroll.

R a k welding and industrial sales is Existing or more than 2 years old

R A K WELDING AND INDUSTRIAL SALES

Date Approved

04/28/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

R A K WELDING AND INDUSTRIAL SALES

Borrower Address

15630 River View Pl

Borrower City

PERRYSBURG

Borrower State

OH

Borrower Zip

43551

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PERRYSBURG

Project County Name

WOOD

Project State

OH

Project Zip

43551-1000

CD

OH-09

Jobs Reported

1

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

Limited Liability Partnership

Originating Lender Location Id

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

20092.60

Forgiveness Date

10/22/2020

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